Unanimous Written Consent of the Board in Lieu of Organizational Meeting (NY) | Practical Law
A form of unanimous written consent of the board of directors in lieu of organizational meeting for a New York for-profit corporation. This Standard Document approves, adopts, and authorizes organizing actions of the corporation, such as ratifying actions of the incorporator, adopting the by-laws, 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.