# [Company] minutes of the organizational meeting of the board of directors

**Date and time:**   
**Location:**   
**Temporary chair:**   
**Temporary secretary:**   
**Notice given:** Date and how, or waived in writing by: [names]  

## Directors and quorum

Directors present (named in the articles / appointed by the incorporator on [date]):   
Absent:   
Quorum present: Yes / No

## Articles or certificate of incorporation

Filed with [state] on [date]. Filed copy placed in the minute book.

## Resolutions

| No. | Resolution | Moved / seconded | Vote |
| --- | --- | --- | --- |
| 1 | RESOLVED, that the bylaws dated [date] are adopted. |  |  |
| 2 | Officers elected as listed below |  |  |
| 3 | Bank account at [bank]; signers and limits |  |  |
| 4 | Fiscal year ends [date]; principal office at [address] |  |  |
| 5 | Founder shares issued (corporation) / conflict of interest policy adopted and tax-exempt application authorized (nonprofit) |  |  |
| 6 | Actions taken before this meeting ratified; organizing costs of up to $[amount] to be reimbursed |  |  |

## Officers elected

| Office | Name | Term |
| --- | --- | --- |
| President |  | Until [date] or until a successor is elected |
| Secretary |  |  |
| Treasurer |  |  |

## Shares or tax-exempt status

- Corporation: shareholder, number of shares, price per share, what was given for them
- Nonprofit: policy adopted, who files the exemption application, target date

## Actions ratified

- What was done, by whom, on what date, cost

## Not decided yet

- Topic, who decides, by when

## Action items

| Item | Owner | Due |
| --- | --- | --- |
|  |  |  |

## Adjournment and signature

Adjourned at [time].  
Signed: ____________, Secretary