Corporate Governance
Every business entity type has built-in obligations according to the relevant statutes. Some entities’ built-in obligations are fairly simple while others are more complex. Most business entities also adopt governing documents (like Bylaws or an Operating Agreement) to create additional rules and guidelines for operating the business.
These collective rules and guidelines are important because companies must adhere to them to remain legally compliant, and business owners need to keep their business entities compliant to protect themselves from personal liability. The rules and guidelines also shape the management and decision-making process so companies can avoid deadlocks and impasses.
Crafting these rules at the entity formation stage is critically important. Using them correctly as the business grows and operates is equally important. Likewise, skillfully modifying the rules as the company develops is imperative.
These objectives are important for operating the business lawfully, making strategic decisions, and solving conflicts throughout the life of the company. Drexler Law can help your company formulate, utilize, and modify internal rules to govern your business.
Corporate Governance Objectives Drexler Law Can Assist With
Drafting Governing Documents: Examples of governing documents include: Articles of Incorporation, Articles of Organization, Bylaws, Operating Agreements, Shareholder Agreements, Membership Agreements, and Joinder Agreements.
- Each of the foregoing documents are available as a fillable template, on a flat fee basis, or as a customized document, on a customized fee basis. We can also review and revise your existing documents on a customized fee basis. For flat fee pricing, refer to our Services and Fee Structures. For custom pricing, please call us to schedule a consultation.
Conducting Board of Directors Meetings: We will prepare written Notices and other documents to commence a meeting of the Board of Directors, virtually conduct the meeting by working through the meeting agenda (including any votes), and prepare written Minutes recounting the movements of the meeting.
- Standard Board of Directors Meetings are available on a flat fee basis according to our Services and Fee Structures. Non-Standard Meetings, such as meetings to consider a proposed dissolution of the company, or other proposed resolutions requiring supermajority votes or specialized Notices, are available on a customized fee basis. For custom pricing, please call us to schedule a consultation.
Shareholder / Member Meetings: We will prepare written Notices and other documents to commence a meeting of the owners of the company (i.e., Shareholders, for a corporation; or Members, for a limited liability company), virtually conduct the meeting by working through the meeting agenda (including any votes), and prepare written Minutes recounting the movements of the meeting.
- Standard Meetings are available on a flat fee basis according to our Services and Fee Structures. Non-Standard Meetings, such as meetings to consider a proposed dissolution of the company, or other proposed resolutions requiring supermajority votes or specialized Notices, are available on a customized fee basis. For custom pricing, please call us to schedule a consultation.
Drafting Standalone Minutes or Other Resolutions: We can help you draft written Minutes or Resolutions to adopt or ratify previously made decisions or previously held votes in a way that properly memorializes the circumstances under which your company made an important decision.
- These Minutes and/or Resolutions are available as a fillable template, on a flat fee basis, or as a customized document, on a customized fee basis. For flat fee pricing, refer to our Services and Fee Structures. For custom pricing, please call us to schedule a consultation.
Secretary of State Compliance: Business entities must adhere to certain periodic requirements with respect to the Secretary of State – most notably, filing a periodic report and maintaining a registered agent located within the geographic borders of the state in question. Drexler Law can file your company’s periodic report and serve as its registered agent in the State of Colorado.
- Secretary of State Compliance subscriptions are available on a flat fee basis according to our Services and Fee Structures.
Registration of Out of State Business Entity: Business entities must be registered to do business in the states in which they operate. Drexler Law can help you register your company to do business in the states in which it operates.
- Drexler Law will register your company on a flat fee basis according to our Services and Fee Structures.
