This packet includes instructions and materials that will aid you in preparing and drafting your corporation’s bylaws. The bylaws of a corporation are the third part of the triangle that provides the framework for the management of the corporate business. Along with state law and the Articles of Incorporation, the bylaws provide a clear outline of the rights and responsibilities of all parties to a corporation. In particular, the bylaws provide the actual details of the operational framework for the business. The bylaws are the internal document that will contain the basic rules on how the corporation is to be run. Every corporation must have a set of bylaws. Among others, this form includes the following key provisions: - Title: Designates the Corporation name and state of incorporation
- Shareholder provisions: Includes provisions for Shareholder meetings, voting, and rights
- Board of Director provisions: provides the powers of the Board of Directors, number and term of office for Directors, meetings, voting, and rights
- Officer provisions: sets forth the number of officers, their appointment and term, the conditions for removal, their duties and salaries
- Stock provisions: Several provisions with regard to stock in the corporation, as well as other financial matters
This attorney-prepared packet contains: - Information on the Corporate Bylaws Kit
- Instructions for the Corporate Bylaws Kit
- Bylaws Checklist
- Sample Clauses for Corporate Bylaws
- Sample Completed Corporate Bylaws
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