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What are the bylaws of a corporation?

By Zippia Team - Feb. 1, 2023

The bylaws of a corporation are a set of legally binding rules that a corporation uses to guide its internal management. They are sometimes known as company or business bylaws. These laws vary from company to company, based on their specific needs and the scope of their business.

Typically, corporate bylaws outline company guidelines and policies on issues such as the power and responsibilities of directors, shareholders, and officers. It also outlines rules for directors' and shareholders' meetings, office structure, and voting rights.

Most states require corporations to have corporate bylaws, so while corporate bylaws are important for the successful running of a business, they are also often legally required by corporations.

What are the bylaws of a corporation?
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