What is a Board of Directors
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What is a Board of Directors

 What is a Board of Directors
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CORPORATE GLOSSARY
 
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Articles of Incorporation
Articles of Organization
Assumed Name
Authorized Shares
Board of Directors
Business Entity
Bylaws
Certified Copy
Common Stock
Corporate Bylaws
Corporate Name Reservation
DBA
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Federal Tax ID
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General Partnership
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Limited Liability Company
Limited Partnership
LLC
LP
Majority Shareholder
Meetings
Member
Organizer
Par Value
Preferred Stock
Proxy
Registered Agent
Registered Office
Reporting Requirements
S Corporation
Shareholder
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Stock Certificate
What is a Board of Directors PCF makes it fast, easy and cost-efficient to form a Corporation or LLC in any state
AND keep up with recurring Corporation or LLC requirements
What is a Board of Directors PCF has helped thousands of businesses successfully form a Corporation or LLC Online
Choose PCF to help you form your Corporation or LLC and we will notify you each year well in advance of the due date for any required Corporation or LLC reporting requirements
What is a Board of Directors If you're ready to form your Corporation or LLC online now just click on your state in the list below
What is a Board of Directors
All Corporations are required to have a Board of Directors. Directors are the people who will set policies for the Corporation and manage the business and its resources. In the majority of small Corporations Directors are the owners. The Articles of Incorporation or Corporate Bylaws may define specific qualifications for Directors. The Board of Directors may consist of one or more persons.

The Board of Directors is responsible for creating rules, approving budgets and distributing profits to shareholders. One of the most important duties of the Board of Directors is electing Officers for the Corporation. The same person may be a Director and an Officer at the same time. Directors need not be residents of the state in which the business is incorporated or shareholders of the Corporation unless the Articles of Incorporation or Bylaws require it.

Normally Directors of a Corporation are elected for a term of one year. Elections are held at the annual meeting of Shareholders. The Directors serve until the next annual Shareholders meeting.
PCF offers a full line of Corporate Services in all 50 states
Click on any state in the list to get more information for that state
 
Incorporation
State State
Processing Fee		 State
Processing Time
Alabama$85.00 3-5 business days
Alaska$250.00 3-5 business days
Arizona$140.00 3-5 business days
Arkansas$45.00 3-5 business days
California$120.00 10 business days
Colorado$50.00 3-5 business days
Connecticut$305.00 3-5 business days
Delaware$219.00 3-5 business days
Florida$78.75 3-5 business days
Georgia$200.00 3-5 business days
Hawaii$100.00 3-5 business days
Idaho$120.00 3-5 business days
Illinois$281.25 3-5 business days
Indiana$90.00 3-5 business days
Iowa$50.00 3-5 business days
Kansas$90.00 3-5 business days
Kentucky$50.00 3-5 business days
Louisiana$120.00 3-5 business days
Maine$145.00 3-5 business days
Maryland$170.00 3-5 business days
Massachusetts$290.00 15 business days
Michigan$60.00 7 business days
Minnesota$170.00 25 business days
Mississippi$50.00 3-5 business days
Missouri$91.00 3-5 business days
Montana$90.00 3-5 business days
Nebraska$65.00 15 business days
Nevada$200.00 3-5 business days
New Hampshire$100.00 15-20 business days
New Jersey$175.00 3-5 business days
New Mexico$100.00 15 business days
New York$195.00 15 business days
North Carolina$225.00 3-5 business days
North Dakota$90.00 15-20 business days
Ohio$225.00 3-5 business days
Oklahoma$54.00 3-5 business days
Oregon$100.00 7-10 business days
Pennsylvania$195.00 3-5 business days
Rhode Island$230.00 15-20 business days
South Carolina$230.00 15 business days
South Dakota$150.00 15 business days
Tennessee$100.00 3-5 business days
Texas$308.10 3-5 business days
Utah$127.00 3-5 business days
Vermont$75.00 15 business days
Virginia$76.80 15 business days
Washington$195.00 15 business days
West Virginia$50.00 3-5 business days
Wisconsin$175.00 3-5 business days
Wyoming$103.00 3-5 business days
 
Limited Liability Company (LLC)
State State
Processing Fee		 State
Processing Time
Alabama$151.00 3-5 business days
Alaska$250.00 3-5 business days
Arizona$130.00 3-5 business days
Arkansas$45.00 3-5 business days
California$90.00 10 business days
Colorado$50.00 3-5 business days
Connecticut$175.00 3-5 business days
Delaware$190.00 3-5 business days
Florida$155.00 3-5 business days
Georgia$200.00 3-5 business days
Hawaii$100.00 3-5 business days
Idaho$120.00 3-5 business days
Illinois$600.00 3-5 business days
Indiana$90.00 3-5 business days
Iowa$50.00 3-5 business days
Kansas$165.00 3-5 business days
Kentucky$40.00 3-5 business days
Louisiana$120.00 3-5 business days
Maine$145.00 3-5 business days
Maryland$197.00 3-5 business days
Massachusetts$520.00 15 business days
Michigan$50.00 7 business days
Minnesota$170.00 25 business days
Mississippi$50.00 3-5 business days
Missouri$105.00 3-5 business days
Montana$90.00 3-5 business days
Nebraska$125.00 15 business days
Nevada$200.00 3-5 business days
New Hampshire$100.00 15-20 business days
New Jersey$175.00 3-5 business days
New Mexico$50.00 15 business days
New York$260.00 15 business days
North Carolina$225.00 3-5 business days
North Dakota$135.00 15-20 business days
Ohio$225.00 3-5 business days
Oklahoma$104.00 3-5 business days
Oregon$100.00 7-10 business days
Pennsylvania$265.00 3-5 business days
Rhode Island$150.00 15-20 business days
South Carolina$230.00 15 business days
South Dakota$150.00 15 business days
Tennessee$300.00 3-5 business days
Texas$308.10 3-5 business days
Utah$127.00 3-5 business days
Vermont$75.00 15 business days
Virginia$100.00 15 business days
Washington$195.00 15 business days
West Virginia$100.00 3-5 business days
Wisconsin$155.00 3-5 business days
Wyoming$103.00 3-5 business days
 
Good Standing Certificate
State Corporation LLC
Alabama* $73.00 $73.00
Alaska* $65.00 $65.00
Arizona* $100.00 $100.00
Arkansas* $73.00 $73.00
California  $65.00 $65.00
Colorado* $45.00 $45.00
Connecticut* $95.00 $95.00
Delaware* $125.00 $125.00
Florida* $63.75 $60.75
Georgia* $65.00 $65.00
Hawaii* $52.50 $52.50
Idaho* $56.50 $56.50
Illinois* $102.00 $102.00
Indiana* $74.38 $64.38
Iowa* $50.00 $50.00
Kansas* $60.00 $60.00
Kentucky* $55.00 $55.00
Louisiana* $70.00 $70.00
Maine* $75.00 $75.00
Maryland* $85.00 $85.00
Massachusetts  $75.00 $75.00
Michigan  $55.00 $55.00
Minnesota  $85.00 $85.00
Mississippi* $72.00 $72.00
Missouri* $55.00 $55.00
Montana* $60.00 $60.00
Nebraska  $55.00 $55.00
Nevada* $95.00 $95.00
New Hampshire  $50.00 $50.00
New Jersey* $70.00 $95.00
New Mexico  $95.00 $95.00
New York  $105.00 $105.00
North Carolina* $67.00 $67.00
North Dakota  $65.00 $65.00
Ohio* $50.00 $50.00
Oklahoma* $65.80 $71.00
Oregon* $65.00 $65.00
Pennsylvania* $95.00 $95.00
Rhode Island  $67.00 $67.00
South Carolina  $55.00 $55.00
South Dakota  $65.00 $65.00
Tennessee* $67.25 $67.25
Texas* $60.41 $60.41
Utah* $57.00 $57.00
Vermont  $65.00 $65.00
Virginia  $52.00 $52.00
Washington  $65.00 $65.00
West Virginia* $55.00 $55.00
Wisconsin* $55.00 $55.00
Wyoming* $55.00 $55.00
*  2-3 hour same day service available
 
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