At the organizational meeting or at any adjournment thereof, the incorporator(s) shall appoint a temporary secretary, adopt bylaws and elect, in such matter as the bylaws may determine, directors, a president, a secretary and such other officers as the bylaws may prescribe. All the officers so elected shall be sworn to the faithful performance of their duties. The temporary secretary shall make and attest a record of the proceedings until the secretary has been chosen and sworn, including a record of such choice and qualification.
Structure Delaware Code
Chapter 15. CREDIT CARD INSTITUTIONS
§ 1511. Articles of association; contents and execution.
§ 1512. Notice of intention to incorporate; publication.
§ 1513. Application for certificate of public convenience and advantage.
§ 1514. Determination of public convenience.
§ 1515. Organizational meeting; notice; proceedings.
§ 1516. Articles of organization — Contents.
§ 1519. Certificate of incorporation.
§ 1520. Commencement of corporate existence.
§ 1521. Certificate authorizing transaction of business.
§ 1522. Revocation of charter for failure to commence business within 6 months.