Bylaws For Corporation In Florida
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Corporate bylaws are a company's foundational governing document. They lay out how things should run day-to-day and the processes for making important decisions. They serve as a legal contract between the corporation and its shareholders, directors, and officers and set the protocol for how the organization operates.
The officers of the corporation shall be a chief executive officer, a president, a vice president, a secretary, a treasurer, and any other officers and assistant officers as may be deemed necessary, and as shall be approved, by the board of directors. Any two or more offices may be held by the same person.
In Florida, a corporation is only required to have at least one director, however you are permitted to have more. That same person may also be the only shareholder and officer.
Florida corporations must have one or more directors. Residence requirements. Directors do not have to be residents of Florida.
A Corporate Seal is a hand-held “raised seal” that is used to imprint or emboss the corporate name, the year of formation, and the state of formation. Although this stamp is no longer required by law, many corporations choose to still use this, and Incnow® can provide a Corporate Seal.
For example, every corporation must appoint directors and corporate officers (President, Secretary, Treasurer, etc.).
Action by directors without a meeting. (1) Unless the articles of incorporation or bylaws provide otherwise, action required or permitted by this act to be taken at a board of directors' meeting or committee meeting may be taken without a meeting if the action is taken by all members of the board or of the committee.
605.0701 Events causing dissolution. —A limited liability company is dissolved and its activities and affairs must be wound up upon the occurrence of the following: (1) An event or circumstance that the operating agreement states causes dissolution. (2) The consent of all the members.
Chapter 607 - Florida Business Corporation Act.
