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They can be approved by the board of directors or executive board.
The Close Limited Liability Company Supplement, articles of organization, and operating agreement of a close limited liability company may restrict transfer of ownership interests, withdrawal or resignation from the company, return of capital contributions and dissolution of the company.?
Requests to review minutes All members of an S corporation?that is, the shareholders, directors, and officers?are entitled to request a copy of the meeting minutes taken at any meeting. Such requests should not be taken lightly.
The Public Records Act defines "public records" as "the original and copies of any paper, correspondence, form, book, photograph, photostat, film, microfilm, sound recording, map drawing or other document, regardless of physical form or characteristics that have been made by the state of Wyoming and any counties, ...
(a) All public records shall be open for inspection by any person at reasonable times, during business hours of the state entity or political subdivision, except as provided in this act or as otherwise provided by law, but the official custodian of any public records may make rules and regulations with reference to the ...
Action without meeting. (a) Unless the articles of incorporation or bylaws provide otherwise, action required or permitted by this act to be taken at a board of directors' meeting may be taken without a meeting if the action is taken by the requisite number of members of the board.
Wyoming laws on close corps allow small corporations to forego many traditional corporate formalities, while still enjoying the benefits. A departure from regular business corporations, Close Corporations do not require a board of directors, this means ongoing operations generate less paperwork.
How to Write Corporate Minutes Date and Time of the Meeting. Start by documenting the date and time of the meeting. ... Names of Meeting Participants. Next, list the names of the attendees. ... Purpose of the Meeting. Include a statement defining the reason for the corporate meeting. ... Meeting Notes. ... Action Items.