Bylaws Of A Corporation With 2 Owners In Miami-Dade

State:
Multi-State
County:
Miami-Dade
Control #:
US-00444
Format:
Word; 
Rich Text
Instant download

Description

This By-Laws document contains the following information: the name and location of the corporation, the shareholders, and the duties of the officers.
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FAQ

Local Business Tax Receipt: All businesses operating within Miami-Dade County are required to obtain a Miami-Dade County Local Business Tax Receipt (formerly known as Occupational License). If your business is located within a municipality, you will need a Business Tax Receipt from the County and the municipality.

Corporate bylaws are legally required in Florida. Florida law requires corporations to adopt bylaws.

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.

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.

In Florida, there are two main forms of transferring ownership of a corporation – gradual sales and outright sales. When someone transfers ownership of a corporation via gradual sale, the buyer receives the shares over a pre-determined period, while he/she is still paying the installments.

Unlike sole proprietorships, a corporation can be owned by multiple people.

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.

(2) The number of directors may be increased or decreased from time to time by amendment to, or in the manner provided in, the articles of incorporation or the bylaws, but the corporation must never have fewer than three directors.

The Articles of Incorporation is the document that is used to officially create a corporation. In Florida, Articles of Incorporation are filed with the Florida Department of State, Division of Corporations and contain the following information: Corporate name. Principal place of business (must be a street address)

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Bylaws Of A Corporation With 2 Owners In Miami-Dade