The Younger Law Blog

Checklist for Operating a Corporation

A. Information for Articles of Incorporation Preferred name(s) of corporation (in order of preference) Trademark and trade name search for articles? Name and street address of the initial agent for service of process (P.O. Box not acceptable) Total number of authorized shares of Common Stock Blank Check Preferred Stock provision desired? Name of incorporator B. Bylaws The street address of principal office of the corporation ____________________________________________ Date and time of annual meeting of shareholders ________________________________________________ Authorized number of directors: (a) Fixed # __________________________ (b) Variable: From___________ to ________________ Fixed initially at _______________________ counting Year End: optional provisions desired: C. Action by Incorporator The names and addresses of the initial directors _______________________________________________________________________ ________________________________________________________________ D. Unanimous Written Consent In Lieu of Meeting of Board of Directors Names and Titles of Officers and Driver's License numbers (*indicates a required officer; all others are optional) Name Title Driver's License No. for DE-1 Form President and Chief Executive Officer* Secretary* Chief Financial Officer* Vice President Assistant Secretary Chairman Initial Issuance of Shares (a) Aggregate shares to be issued: Name Address Number of Shares Consideration (and Valuation if Non-Cash) (b) Specify if issuance of shares is to be under: California: (1) ____ Section 25102(f) [Note Form 25102(f) must be filed within 15 days of sale] (2) ____ Section 25102(h) of the Corporate Securities Law of 1968 [Note - Form 25102(h) must be filed within 10 days of Issuer's receipt of the consideration] (3) ____ Other exemption: ________ (4) _____ Qualification with the Department of Corporations Federal (1) _____ Rule 504, 505, or 506 of SEC Regulation D [Note - Form D must be filed no later than 15 days after first receipt of subscriptions or money] (2) _____ Section 4(2) (3) _____ Rule 147 (4) _____ Other exemption: _______________ Other State Blue Sky Laws: (1) ____________________________________________ (2) ____________________________________________ Principal Executive Office Address ____________________________________________________________________ Authorization of bank account(s) (a) Name and branch of bank(s) _________________________________________________ (b) Number of signatures required ________________________________________- Authorized signatories: _________________________________________ _________________________________________ _________________________________________ _________________________________________ _________________________________________ (c) Dollar limitations, if any, on authority of signatories ______________________________________________________________________ Borrowing Resolutions (a) Maximum amount of borrowing _________________________________________ (b) Lender’s Name _____________________________________________ E. S Corporation Election and Form SS-4 Information Is S Corporation election to be made? _____ Yes _____ No Social Security numbers of Shareholders and Spouses: Name Spouse Shareholder's Social Security No. Spouse's Social Security No. Corporation election to be effective for taxable year beginning Date corporation first had shareholders Date corporation will first have assets Date corporation will begin doing business Taxable year ending Description of principal business activity County of business location Estimated number of employees in first year First date wages (will be) paid: Products or services to be sold: [__] Wholesale [__] Retail [__] N/A [__] Other: F. Fictitious Business Name, Trade name, Trademark search issues? _________________________________________ ________________________________________________________________________________________ G. Where will the company be doing business, for purposes of qualifying to do business in those states? _________________________________________________________________________ _________________________________________________________________________