State Corporation Code: State-specific laws governing corporation formation and operation, varies by state of incorporation
Initial Board Meeting Requirements: State-specific regulations regarding the conduct and documentation of the first board meeting after incorporation
Corporate Record-Keeping Requirements: State mandates for maintaining corporate records, minutes, and other official documentation
Securities Exchange Act: Federal regulations governing securities issuance and trading, relevant if the company plans to issue securities
Internal Revenue Code: Federal tax regulations affecting corporate structure and initial tax elections
Sarbanes-Oxley Act: Federal law establishing corporate governance standards, particularly important if planning to become publicly traded
Articles of Incorporation: Company's founding document that must be referenced and followed in initial board actions
Corporate Bylaws: Internal rules governing company operation that must be adopted in the first board meeting
Meeting Notice Requirements: Legal requirements for properly notifying board members of the meeting
Quorum Requirements: Minimum number of board members required to be present for valid corporate actions
Voting Procedures: Legal requirements for conducting and recording board votes on corporate matters
Officer Appointment Requirements: Legal procedures for appointing initial corporate officers
Bank Account Authorization: Requirements for documenting board approval of corporate bank accounts
Stock Issuance Compliance: Legal requirements for authorizing and issuing initial corporate stock
Document Retention Policy: Legal requirements for maintaining corporate minutes and related documentation
