16-6a-205 - Organization of the corporation.
16-6a-205. Organization of the corporation.
(1) After incorporation:
(a) if initial directors are named in the articles of incorporation, the initial directors mayhold an organizational meeting, at the call of a majority of the initial directors, to complete theorganization of the nonprofit corporation by:
(i) appointing officers;
(ii) adopting bylaws, if desired; and
(iii) carrying on any other business brought before the meeting; or
(b) if initial directors are not named in the articles of incorporation, until directors areelected, the incorporators may hold an organizational meeting at the call of a majority of theincorporators to do whatever is necessary and proper to complete the organization of the nonprofitcorporation, including:
(i) the election of directors and officers;
(ii) the appointment of members; and
(iii) the adoption and amendment of bylaws.
(2) Action required or permitted by this chapter to be taken by incorporators at anorganizational meeting may be taken without a meeting if the action taken is evidenced by one ormore written consents that:
(a) describe the action taken; and
(b) are signed by each incorporator.
(3) An organizational meeting may be held in or out of this state.
Enacted by Chapter 300, 2000 General Session