Colorado Notice of Annual Meeting of Stockholders of Star States Corp.
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How to fill out Notice Of Annual Meeting Of Stockholders Of Star States Corp.?
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FAQ
Shareholder meetings are a regulatory requirement which means most public and private companies must hold them. Notification of the meeting's date and time is often accompanied by the meeting's agenda. Meetings are generally administrative sessions that follow a specific format set forth well in advance.
(c) If there is a failure to hold the annual meeting for a period of 60 days after the date designated therefor or, if no date has been designated, for a period of 15 months after the organization of the corporation or after its last annual meeting, the superior court of the proper county may summarily order a meeting ...
A failure to do so can result in limited or no liability protection, which is often called "piercing the corporate veil."
Section 7-107-104 - Action without meeting (1) Unless the articles of incorporation require that such action be taken at a shareholders' meeting, any action required or permitted by articles 101 to 117 of this title to be taken at a shareholders' meeting may be taken without a meeting if: (a) All of the shareholders ...
Required formalities for S corporations include: Adopting bylaws, issuing stock, holding initial and annual director and shareholder meetings, and keeping meeting minutes with corporate records.
Annual meeting refers to the shareholders' general meeting held yearly on the date or ing to the formula by which such a meeting date will be fixed, as prescribed in the corporation's bylaws. The purpose of the annual meeting is for shareholders to elect the directors.
In addition, companies listed on the NYSE and Nasdaq are generally required to hold an annual meeting during each fiscal year.
To Protect Shareholders From Personal Liability. If the shareholders and directors fail to maintain a corporation's minute book and the corporation is sued, the court could "pierce the corporate veil" and hold the shareholders personally liable for the corporation's obligations.
