This By-Laws document contains the following information: the name and location of the corporation, the shareholders, and the duties of the officers.
Bylaws Of A Corporation With No Members In Washington
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This governing document is not filed with the state, but it is a requirement for Washington corporations. Bylaws generally cover areas of internal management, including the roles of directors and officers and the holding of shareholders' and directors' meetings.
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.
A nonprofit corporation in Washington cannot contain an incorporated ending such as Corporation, Company, Incorporated, and especially not an ending like LLC, or Limited Company.
Board members/directors must be individuals and do not need to be residents of Washington State. Bylaws can add additional qualifications as agreed upon by the current board members. 501(c)(3) public charities must have at least 3 board members. Youth under the age of 18 may serve on a board.
Overview. Most individuals or companies that conduct business in Washington State must obtain a state business license from the Business Licensing Service. In addition, most cities also require a separate business license in order to legally conduct business within their jurisdiction.
You need a license if you meet one or more of the following criteria: Your business requires city and state endorsements. You are doing business using a name other than your full name legal name. You plan to hire employees within the next 90 days.
How to Start a Nonprofit in Washington Name Your Organization. Recruit Incorporators and Initial Directors. Appoint a Registered Agent. Prepare and File Articles of Incorporation. File Initial Report. Obtain an Employer Identification Number (EIN) ... Store Nonprofit Records. Establish Initial Governing Documents and Policies.
1. Delaware. Delaware is a small state but remains the most popular state to start a nonprofit. Many nonprofits register as corporations, and unlike other states on the East Coast, in Delaware, you can form nonprofits under the same statutes as other for-profit corporations.