The Acta directorio formato in King serves as the official minutes for the first board of directors meeting of a corporation. This form is essential for documenting the actions and decisions made during the initial meeting, including the election of officers, approval of the Articles of Incorporation, and the establishment of the corporation's fiscal year. Key features of the form include sections for listing attendees, resolutions, and signatures of the Chairperson and Secretary. Filling instructions emphasize the necessity of accuracy and completion of details regarding officer salaries, banking resolutions, and shareholders. For attorneys, this form is vital in ensuring compliance with corporate governance laws. Partners and owners can utilize it to formalize the establishment of their corporation and empower necessary executives. Associates, paralegals, and legal assistants find it useful for maintaining accurate records and ensuring all legal requirements are met efficiently. Overall, this form streamlines the process of documenting corporate governance activities and supports effective communication among stakeholders.