What Is a Corporate Records Book?
A corporate records book is the place to keep important corporate papers all in one place, including Articles of Incorporation, bylaws, meeting minutes, the stock certificate ledger, stock certificates, stock certificate stubs, and stock transfer documents. The corporate records book should be maintained at the principal office of your corporation.
You may want to purchase a "corporate kit" from one of several companies, although most office supply stores carry the items included in a corporate kit. A corporate kit generally includes a corporate records binder (either with or without embossed corporate name); customized stock certificates; index dividers for Articles of Incorporation, bylaws, minutes, stock certificates, etc.; share register; stock transfer ledger; corporate seal; and instructions for use.
Corporate kits are widely available online. The price of corporate kits varies from company to company, and may depend on whether you purchase the basic kit or the deluxe version.
FAQs on corporate records books
Below we have summarized the most important questions and answers on the subject.
Why do you need a corporate record book?
A corporate book can help you keep important corporate papers all in one place so you can easily prove that your business is compliant with all relevant laws and regulations, and to keep track of documents relevant to filing taxes, including past tax returns.
What should a corporate book include?
A corporate records book usually includes Articles of Incorporation, bylaws, meeting minutes, the stock certificate ledger, stock certificates, stock certificate stubs, and stock transfer documents.
More articles from AllBusiness.com:
- 10 Key Issues in Setting Up an LLC
- Record Keeping for Startups and Growing Businesses
- How to Incorporate a Startup Business
- LLC vs. Corporation: Choosing the Best Structure for Your Startup
- Is S Corporation Election Right for My Business? It Depends on Your Business Structure
- Should Your Business Incorporate Now or Choose a Delayed Filing?
