Oregon Resolution of Shareholders Authorizing an Increase in the Number of Directors of Corporation

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Multi-State
Control #:
US-1340827BG
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Word; 
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Description

As the title states, this form is a sample resolution authorizing an increase in the number of directors of the corporation.

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FAQ

Benefits of a Corporation The Oregon Business Corporation Act includes laws and regulations for corporations doing business in the state of Oregon. By forming a corporation, the owner's personal assets aren't at risk for legal or financial issues relating to the business.

Oregon Cooperative Corporation Act; Statutes ORS 62.125 enumerates the general powers of the cooperative corporation, including perpetual succession (unless limited in duration by the articles), conduct business, lend money for corporate purposes, purchase real estate, execute contracts, etc.

Benefits of starting an Oregon LLC: Protect your personal assets from your business liability and debts. Simple to create, manage, regulate, administer and stay in compliance. Easily file your taxes and discover potential advantages for tax treatment. Low cost to file ($100)

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.

The Oregon Limited Liability Company Act allows companies to enjoy the taxation that partnerships do as well as the personal liability that corporations enjoy.

A limited liability company (LLC for short) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

A limited liability company (LLC) offers liability protection and tax advantages, among other benefits for small businesses. LLC formation in Oregon is easy. Just follow these six steps, and you'll be on your way. Ready to start your business? Plans start at $0 + filing fees.

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Oregon Resolution of Shareholders Authorizing an Increase in the Number of Directors of Corporation