Although the board of directors of a corporation wields considerable authority over corporate affairs, shareholders are a corporation's ultimate authority.

The laws of every state require corporations to make records of its shareholder's and board of director's meetings, known as corporate minutes. Although corporate minutes need not be submitted to any governmental authority absent a lawsuit or other ...

Donations often serve a vital role in ensuring the survival of a ministry. While it is not uncommon for these religious institutions to be supported by an affiliated church, the ability to solicit and receive funds directly from donors may prove ...