Legal Question in Business Law in California
S Corporation
What is the difference between minutes and a consent resolution.
When a husband and wife are only directors/officers and work in the sam office are minutes required, or is the consent resolution ok?
Asked on 9/23/08, 8:51 pm
1 Answer from Attorneys
Carl Starrett
Law Offices of Carl H. Starrett II
Re: S Corporation
Minutes are a record of a formal meeting and include a record of resolutions adopted at the meeting. A consent resolution can be used in lieu of a formal meeting when signed by the all of the directors and/or the shareholders.
Many of my clients will use a consent resolution in lieu of their annual meetings and is appropriate under your circumstances. Feel feel to contact me for a sample consent resolution in lieu of any annual meeting.
Answered on 9/23/08, 9:02 pm
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