Bite-Sized Bits of Knowledge

Governing Documents – Meetings

Regardless of entity type, it’s important to address meetings. There’s two kinds of meetings: shareholders’ meetings and meetings of management. Shareholders typically have an annual meeting. Management meetings typically meet more frequently. Election of management, how often they occur, where, when, through what medium (video, audio or in person), notice requirements, and quorum and voting thresholds are addressed in a good governing document. Management meetings are meetings to take official action by the company. Similar types of provisions mentioned above will be found to structure the mechanics of the managerial meetings. While this stuff is not sexy, it is super important.

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Bite-Sized Bits of Knowledge

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