Minutes and Bylaws for Professional Profit Corporation

The document includes an Organizational Minutes Section, including acceptance of charter, price of common stock, adoption of a plan for the issuance of Section 1244 stock, subscription, bylaws, seal, election of officers, bank account, the form of stock certificates, fiscal year, and organizational expenses. The section also includes a stock subscription and investment letter, and an optional Subchapter S election resolution.

The document also includes a Forms Section, including a sample promissory note and companion resolution, a sample bill of sale and companion resolution, a resolution for appointing an "Emergency Director” in the event the President is unable to serve, a sample Medical Reimbursement Plan resolution, and sample resolutions of the Directors and shareholders.

The document also includes a Bylaws Section. It includes office information, including registered agent and office; information regarding stock, including share certificates, share transfers, voting rights, and profession corporation; information for shareholders meeting, including annual meetings, voting, special meetings, notice of special meeting, quorum, and written consent in lieu of voting; directors information, including powers, number of directors, vacancies, directors’ meetings, and action by written consent. The section also includes information for officers, including officers, President, Secretary, Treasurer, and other officers; information about corporate seal; amendment clause; reimbursement information; indemnification information, including indemnification, right of indemnification, authorization to pay, maximum effect, and validity of contracts; information for the transfer and valuation of stock, including transfer and evaluation, disqualification of shareholder to practice profession, and purchase of shares; and information regarding fiscal year.

We also include an Optional Memo, which includes a helpful checklist for local, state, and federal regulations for after incorporation. You may personalize your documents with your Corporate Name to appear throughout for an additional fee.