How Many Directors Are Required?
The answer turns on where you incorporate. In most states, one director is required: Delaware (one director required, see, http://delcode.delaware.gov/title8/c001/sc04/index.shtml), Nevada (one director required, see, http://leg.state.nv.us/NRS/NRS-078.html#NRS078Sec115), New York (one director required, Bus Corp Law Sec. 702. See, http://public.leginfo.state.ny.us/menugetf.cgi?COMMONQUERY=LAWS). California, on the other hand, marches to the beat of its own drummer. In California, the number of required directors depends on the number of shareholders. Under California law, a corporation is required by law to have at least three directors. However, the corporation may have one director if the corporation has only one shareholder; and the corporation must have at least two directors if the corporation has only two shareholders. See, http://www.eminutesonline.com/how-many-directors-are-required/












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