Form with which the corporation officially records the result of a vote of shareholders and officers of the corporation.
Oregon Certificate of Corporate Vote - Corporate Resolutions
State:
Multi-State
Control #:
US-0094-CR
Format:
Word;
Rich Text
Instant download
Description
How to fill out Certificate Of Corporate Vote - Corporate Resolutions?
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FAQ
Corporate bylaws are legally required in Oregon. Rev. Stat. § 60.061, corporate bylaws shall be adopted by the incorporators or the corporation's board of directors. Bylaws are usually adopted by your corporation's directors at their first board meeting.
An owner of a professional corporation remains liable for their own negligence or malpractice, but will not be personally liable for the negligence or malpractice of other owners. Professional corporations are commonly identified by adding "PC" or "P.C." to the end of their name.
Oregon 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.
Bylaws document the rules for how the corporation shall be governed. Resolutions are prepared as needed to document important decisions and actions taken by the board of directors on behalf of the corporation.
The difference between LLC and PC is straightforward. A limited liability company (LLC) combines the tax benefits of a partnership and the limited liability protection of a corporation. A professional corporation (PC) is organized ing to the laws of the state where the professional is licensed to practice.
A failure to do so can result in limited or no liability protection, which is often called "piercing the corporate veil."
Limited liability companies organized under Oregon statute are "domestic" limited liability companies. Those formed under the laws of other states, but transacting business in Oregon, are "foreign" limited liability companies.
A professional corporation (PC) or professional limited liability company (PLLC) is a C corporation, S corporation, or limited liability company (LLC) organized to provide professional services in industries that require a state license in order to practice.
