Resources For California Incorporations |
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Corporate Directors In California Corporations California Law requires each corporation to have a Board of Directors. The Board of Directors in a California 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. California does not require you to list your Board of Directors in your Articles of Incorporation. However, if any directors are listed, they must all be listed. You form documents are set up so that your initial Board of Directors is NOT listed in your Articles of Incorporation. The Board of Directors are elected in your Corporate Kit Documents. Your 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. See California Corporations Statutes for more information on Directors and Officers requirements: CLICK HERE |
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