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A director may be removed by shareholders at a meeting called to remove him or her, when notice of the meeting states that the purpose or one of the purposes is to remove him or her, if there is a failure to fulfill one of the affirmative requirements for qualification, or for cause, provided that, however, a director ...
One of the key differences between a corporation and a professional corporation is that the shareholders of a professional corporation must be licensed professionals who are authorized to provide professional services in their respective fields. This requirement does not apply to a regular corporation.
The bylaws are the regulations of a corporation. They contain the basic rules for the conduct of the corporation's business and affairs.
To start a corporation in North Dakota, you'll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Business Registration Unit. You can file this document online or by mail. The articles cost $100 to file.
Professional services businesses Tennessee allows professionals, such as accountants, attorneys and physicians, to form a professional corporation (PC). After forming a corporation, you must undertake certain steps on an ongoing basis to keep your business in compliance.
A professional corporation may render: One specific type of professional service and services ancillary thereto; or. Two or more kinds of professional services that are specifically authorized to be practiced in combination under North Dakota's licensing laws of each of the professional services to be rendered.
Is a domestic or foreign corporation that is registered with the Secretary of State and has a business office in North Dakota, or. Is a domestic or foreign limited liability company that is registered with the Secretary of State and has a business office in North Dakota.