Corporate
Directors
Arizona Law requires each corporation to have a Board of Directors.
The Board of Directors in a Arizona corporation may consist of one
or more persons. Each Director must be at least 18 years of age. Directors
do not need to be residents of the state of incorporation.
All corporate powers of a corporation are exercised by or under the
authority of the Board of Directors. The business and affairs of the
corporation is managed under the direction the Board of Directors.
You E-Book provides for 1-5 Directors. There may be a single director
or up to five. When designating a Board of Directors be cognizant
of the potential for a deadlock in voting. Usually, a Board of Directors
will have an odd number of Directors to avoid deadlock situations;
however there is no legal requirements that there be an odd number
of Directors.
The Board of Directors is constituted in the organizational formalities
that follow the incorporation of your company. Generally, the Board
of Directors is elected by the Shareholders.
Our Corporate
Kit E-Book contains all the documents necessary to initially appoint
your Board of Directors.
In order to properly follow
corporate formalities, you should reelect your Board of Directors
at each annual meeting of the Shareholders. Annual minutes of the
Shareholders electing directors is included in our Small
Business Package.
The Board of Directors is constituted in the organizational formalities
that follow the incorporation of your company. Generally, the Board
of Directors is elected by the Shareholders.
Our
Corporate Kit E-Book
contains all the documents necessary to initially appoint your Board
of Directors.
In
order to properly follow corporate formalities, you should reelect
your Board of Directors at each annual meeting of the Shareholders.
Annual minutes of the Shareholders electing directors is included
in our Small Business
Package.