[medstrom]

Problem is you presumably care about the company's success, so you don't want to take such risks messing with the intent of the law.

[mantas]

Then create a board for the sake of the law, but make sure that the board does exactly nothing. While having a shadow board to run the company?

[medstrom]

Still messing with the intent, so you'd still need the company lawyers to stay on top of this arrangement and double-check regularly that your bases are covered and you can't be slammed in some way. Oh and you'd need to be sure your company lawyers or perhaps a disgruntled board member won't make voicetapes and leak them once they stop working for you. And on and on...