Unanimous Written Consent of the Board in Lieu of Organizational Meeting | Practical Law

Unanimous Written Consent of the Board in Lieu of Organizational Meeting | Practical Law

Unanimous written consent of the board in lieu of organizational meeting for a Delaware corporation, which approves, adopts, and authorizes the actions to organize the corporation. These actions include ratifying actions of the incorporator, adopting the by-laws, electing the initial officers, authorizing the opening of bank accounts, and adopting the specimen stock certificate. This Standard Document has integrated notes with important explanations and drafting tips.

Unanimous Written Consent of the Board in Lieu of Organizational Meeting

Practical Law Standard Document 5-381-4502 (Approx. 8 pages)

Unanimous Written Consent of the Board in Lieu of Organizational Meeting

by Practical Law Corporate & Securities
MaintainedDelaware, USA (National/Federal)
Unanimous written consent of the board in lieu of organizational meeting for a Delaware corporation, which approves, adopts, and authorizes the actions to organize the corporation. These actions include ratifying actions of the incorporator, adopting the by-laws, electing the initial officers, authorizing the opening of bank accounts, and adopting the specimen stock certificate. This Standard Document has integrated notes with important explanations and drafting tips.