Back to Basics on Corporate Formalities
Professional corporation bylaws, LLC operating agreements, shares of stock and membership units, annual meetings, consent minutes, amending the governing documents, et cetera et cetera. There are a lot of basic business organizational and governance topics that the modern medical practice administrator is expected to understand and guide the physician owners on. In this segment, Joe Huigens will provide a “101” level discussion of corporate formalities and governance topics that regularly come up in practice.