About Corporations
Companies planning to go public one day will typically form general corporations. In these blogs, we explain all you need to know.
How to Take Corporate Minutes
By
Brett Melson
Monday, January 8, 2024
![](/blog/images/img/_middle/board of directors jpg.jpg)
Delaware corporations should hold an annual meeting and take minutes. Not sure how to take corporate minutes? Here’s what you need to know...
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Adding and Removing Directors on a Board
By
Brett Melson
Monday, November 27, 2023
![](/blog/images/img/_thumb/Meeting.png)
In short, and as discussed here, Delaware’s General Corporation Law provides that shareholders are ultimately responsible for appointment and removal of Directors, with the mechanics and processes relating to the vote, removal, and replacement ordinarily set forth in the corporation’s bylaws...
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Directors Cannot Vote By Proxy at Board Meetings
By
Jarrod Melson, Esq.
Tuesday, October 31, 2023
![Board of Directors](/blog/images/img/board of directors jpg.jpg)
Can directors vote by proxy at board meetings? Learn about the rules of board meeting votes and what happens when a board member cannot be present...
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The Delaware Certificate of Incorporation and the Role of the Incorporator
By
Brett Melson
Tuesday, September 19, 2023
![Delaware Certificate of Incorporation and the Role of the Incorporator](/blog/images/img//DelawareBusinessLaw.jpeg)
Are you starting a Delaware Corporation? Learn more about the process of drafting a Certificate of Incorporation and your role as the business’s incorporator...
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What is a Banking Resolution?
By
Devin Scott
Monday, September 18, 2023
![what is a banking resolution document](/blog/images/img/_middle/Signature.jpg)
At the first meeting of the members (for an LLC) or the Board of Directors (for a corporation) establishing a company, a corporate resolution about banking details is often included.
Although a company may agree on several different types of resolutions during the meeting, the banking resolution is often the most commonly extracted resolution from the general minutes of the meeting...
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Calling and Holding a Board Meeting in a Delaware Corporation
By
Brett Melson
Tuesday, July 25, 2023
![](/blog/images/img/board of directors jpg.jpg)
Learn about the rulings surrounding corporate board meetings and their relationship with the corporation’s bylaws. Read part 1 of our 2-part blog series today...
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Mission Statement vs Benefit Statement
By
Devin Scott
Monday, July 10, 2023
![mission statement vs benefit statement](/blog/images/img/_middle/volunteer-1326758_640.png)
Both Public Benefit Corporations and Non-Profit Corporations require additional language on the Certificate of Incorporation, in the form of a Benefit Statement (for a Benefit Corporation) or a Mission Statement (for a Non-Profit Corporation). There are typically differences in the language in these two statements...
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Advantages of a Delaware Close Corporation
By
Devin Scott
Monday, June 26, 2023
![advantages of a close corporation](/blog/images/img/_middle/handshake vector.jpg)
A General Corporation can have as many shareholders as it sees fit. With a Close Corporation, there are restrictions on the sale or transfer of stock. The sale or transfer of stock in a Close Corporation can be restricted by the Right of First Refusal clause...
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Common Public Benefit Corporation Terms
By
Justin Damiani
Tuesday, June 20, 2023
![Public Benefit Terms](/blog/images/img/pbc-llc.jpg)
Public Benefit Corporations (PBC) are corporations created with the goal of operating in a way that is responsible and sustainable. These entities exist to to benefit the society as a whole while still creating a profit. We are discussing the terms commonly mentioned when discussing PBCs...
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Top 10 Terms When Forming a Corporation
By
Justin Damiani
Tuesday, April 11, 2023
![Top 10 Terms for Corporation](/blog/images/img/Top10.png)
When we talk to our clients, specific questions or terms are often mentioned during the formation process. Discover some of the most frequently used corporate terms and lingo used when forming a Delaware corporation then form a corporation of your own today...
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