Bylaws
Formal rules adopted by a corporation that establish how it will be governed.
Formal rules adopted by a corporation that establish how it will be governed.
Click here to use the Cooley GO Docs Incorporation Package Generator Note that these documents are intended only for US companies incorporating in Delaware. The Cooley GO Docs Incorporation Package Generator allows you to generate…
The Board of Directors is a key pipeline for resources for any US nonprofit organization. Most nonprofits do not pay Board members for their service, so organizations rely upon dedicated…
Nonprofit organizations in the US often ask how big their Board of Directors should be. Boards that are too small can fall short of their goals or stagnate, but Boards…
A Delaware public benefit corporation (PBC) is a for-profit corporation intended to produce a public benefit and operate in a responsible and sustainable manner. A PBC must be managed in a way that balances the interests of the stockholders, the company’s key stakeholders, and a specific public benefit that the company commits to in its charter.
1. Experienced advisors Choose experienced advisors, including lawyers, auditors and financial consultants (if necessary), and get them involved early. Advisors who work routinely with the SEC and investment bankers –…
Officers of a company have more formal responsibility and authority than rank-and-file employees and are responsible for the management and day-to-day operations of the company.
In years past, a private company stockholder would have expected to wait until the company went public or was acquired to receive any return on investment. However, over the last…
1. Advisors Choose experienced advisors early, including attorneys and auditors. Advisors who work with the SEC and investment bankers regularly will expedite the process and help avoid glitches and delays…
Most high growth companies that are set up for venture capital funding don’t use a stockholder agreement We sometimes get asked whether founders should put in place a “stockholder agreement”…
If your company is a Delaware corporation, you need a board of directors. Delaware law provides that the business and affairs of every Delaware corporation shall be managed by or…
Why Do You Need a Minute Book? Whether you have organized your corporation in Delaware, California or any other state, your existence as a corporate entity begins with the filing…