California corporation annual meeting and minutes
California corporations must hold an annual shareholders' meeting and keep minutes. Keeping these records protects your personal liability shield.
- Agency
- Your corporation
- Who has to do it
- S and C corporations.
- If it's late
- Missing records can weaken your limited liability protection in a lawsuit.
Step by step
Hold the meeting (it can be short, even for a one-owner corporation).
Elect or re-elect directors and approve major decisions.
Write and sign the minutes and keep them in your corporate records.
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