Meetings & Minutes: Records and Filing Requirements for Business Entities (Texas and Delaware)
So, you formed a new business entity – congratulations! Voting, management, distribution, liquidation, and other rights are established in the operating agreement, corporate bylaws, partnership agreement, or whatever other type of governing documents exist for your entity. Those types of documents generally deal with administration and governance matters from a high-level procedural standpoint, things like: How do you provide notice of meetings? How are votes taken? What percentage vote is required to approve actions (ordinary [...]