Ideas in this flowchart

• What is a written action of the shareholders?
• Corporation structure includes employees and officers
• Officers report to the president or the board
• Board is elected by shareholders
• Shareholders are the ultimate authority
• Shareholders own the company
• Shareholders can sign a written action
• Written action must be allowed by articles and bylaws
• Shareholders can vote on issues at meetings
• Written actions can replace meeting votes
• Bylaws might prohibit written actions
• Check bylaws when preparing a written action
• Ensure written actions are authorized
• Written actions should not be prohibited
• Review bylaws for authorization