§ 14-2-920 - Shareholder Agreements
(a) All the shareholders of a statutory close corporation may agree in writing to regulate the exercise of the corporate powers and the management...
§ 14-2-922 - Elimination of Board of Directors
(a) A statutory close corporation may operate without a board of directors if its articles of incorporation, bylaws approved by the shareholders, or agreements...
§ 14-2-923 - Bylaws
(a) A statutory close corporation need not adopt bylaws if provisions required by law to be contained in bylaws are contained in either the...
§ 14-2-924 - Annual Meeting
(a) The annual meeting date for a statutory close corporation is the first business day after the thirty-first day of May unless its articles...
§ 14-2-926 - Limited Liability
The failure of a statutory close corporation to observe the usual corporate formalities or requirements relating to the exercise of its corporate powers or...