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

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

A form of unanimous written consent of the board in lieu of organizational meeting for a Texas corporation. This Standard Document approves, adopts, and authorizes organizing actions of the corporation, such as ratifying actions of the organizer, adopting the bylaws, electing the initial officers, authorizing the opening of bank accounts, and adopting the specimen share certificate. This Standard Document has integrated notes with important explanations and drafting tips.

Unanimous Written Consent of the Board in Lieu of Organizational Meeting (TX)

Practical Law Standard Document w-000-0508 (Approx. 14 pages)

Unanimous Written Consent of the Board in Lieu of Organizational Meeting (TX)

by Practical Law Corporate & Securities
MaintainedTexas
A form of unanimous written consent of the board in lieu of organizational meeting for a Texas corporation. This Standard Document approves, adopts, and authorizes organizing actions of the corporation, such as ratifying actions of the organizer, adopting the bylaws, electing the initial officers, authorizing the opening of bank accounts, and adopting the specimen share certificate. This Standard Document has integrated notes with important explanations and drafting tips.