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The number or minimum number of directors shall not be less than three; provided, however, that (1) before shares are issued, the number may be one, (2) before shares are issued, the number may be two, (3) so long as the corporation has only one shareholder, the number may be one, (4) so long as the corporation has ...
8 Steps to Forming a Multi-Member LLC in California Pick a Name for Your Multi-Member LLC. ... Get an Employer Identification Number (EIN) ... Pick a Registered Agent. ... File Your Multi-Member LLC's Articles of Organization. ... File an Initial Statement of Information. ... Decide on Your LLC Business Management Structure.
Pick a Name. Choose a Registered Agent. Initial Statement of Information. Estimated Fee and Franchise Tax. A Guide to Forming a Multi-Member LLC in California. Decide On Each Member's Ownership Interest. Choose The Manager or Board Of Managers. File Executed Articles of Organization With the California Secretary Of State.
California law requires that each corporation must have a president, a secretary, and a chief financial officer.
A corporation is required by California law to have at least three directors. However, the corporation may have one director if the corporation has only one shareholder; and the corporation must have at least two directors if the corporation has only two shareholders.