CORPORATE MINUTE MEETING CHECKLIST

Item Number
Item
Yes
No
Discussion and Notes:
Sample Has cash, stock or other types of dividends been declared or paid?
X
   On February 12, 2012, the Corporation declared and paid a cash dividend of five cents per share. The Board discussed the financial condition of the Corporation. The Corporation had high profits for the quarter preceding the dividend, which generated capital in excess of the Corporation's operating needs. Therefore, the dividend seemed prudent and the Board approved it.
1.
 Has cash, stock or other types of dividends been declared or paid?      
2.
 Has any stock or security been redeemed by the Corporation?      
3.
 Does the Corporation plan to redeem the stock of any shareholders?      
4.
 Has the Board of Directors adopted bylaws or resolutions of which shareholders have no notice?      
5.
 Have any additional stocks, bonds, or other securities been issued?      
6.
 If the answer to Item # 5 was "Yes", has the issuance been for cash, property, or work done? If not, for what reason was the stock issued?      
7.
 Has property been contributed for which stock or notes should be issued?      
8.
 Is there any question as to the name in which any stock is held? Are all beneficial owners known?      
9.
 Have all the shareholders' gifts, transfers and pledges of Corporate stock been reported to the Secretary?      
10.
 Has the Corporation entered into any long or short term contracts, including employment, agency, purchase of property, or lease of real estate?      
11.
 Has the Corporation entered into any arrangements that might be considered a joint venture, joint enterprise, or limited partnership or syndicate?      
12.
 Has there been a change in the nature of the Corporation's income such as gains from security transactions or sale of capital assets?      
13.
 Have any bonuses, gifts, loans or substantial increases in salaries been made, given, or paid to any employee, officer, shareholder or members of their family?      
14.
 Has the Corporation, Board of Directors, or any Officers made any new plans for business expansion, separation or contracting of the Corporation's business activity, or change in its business methods?      
15.
 Is the Corporation earning revenue from activities that require formalizing (i.e., should the Corporation enter into contracts to document this moneymaking operation)?      
16.
 Has the Corporation, or should the Corporation change the location of its principal registered office or branch?
      
17.
 Has the Corporation traded under or used a new or different trade name or mark?
      
18.
 Has the Corporation made any changes that relate to the Corporation's tax or general accounting?
      
19.
 Should the Corporation make an election under subchapter S to have its income reported directly by the shareholders?      
20.
 If the answer to Item 19 is "Yes", is any stockholder a trust?      
21.
 Has the Corporation acquired or disposed of any substantial property?      
22.
 Has the Corporation or its officers given any negotiable instruments, become involved in any legal action, or given any financing instruments, or other instruments of security, to any creditors?      
23.
 Has the Corporation issued any financial statement other than as part of a tax return?      
24.

Have the Corporation's tax returns been filed on time?

      
25.
 Is the creation of any pension or profit-sharing or other deferred compensation plan contemplated?      
26.
 Have any expenses been paid or contributions made after the close of a fiscal year?
      
27.
 Is the Corporation a beneficiary of any insurance policies on the life of shareholders, officers, or directors?
      
28.
 Has the Corporation paid premiums on any policies of insurance by which any person other than the Corporation may be entitled to proceeds or benefits?      
29.
 Has the Corporation paid wages, medical or other benefits for any employee during any period of disability?
      
30.
 Have the shareholders entered into a share redemption agreement?      
31.
 Is the Corporation in need of additional funding such that a capital call is necessary?      
32.
 Has the Corporation settled any claims or lawsuits?      
33.
 Is the Corporation in good standing in all jurisdictions where it is registered?      
34.
 Has the Corporation begun doing business in any new jurisdictions in which the Corporation may be required to register?      
35.
 Should the Corporation re-appoint the existing Corporate Officers for the ensuing year?      
36.
 Should the Corporation amend its bylaws to reflect any changes in the organization or operation of the Corporation's business?      
37.
 Other:      
38.
 Other: