Corporate Bylaws are a series of legally binding rules for a corporation. They are used to guide internal management. Corporate Bylaws outline a range of company policies, such as:
- The roles, powers, & responsibilities of the directors, the corporation’s shareholders, and it’s officers
- Rules for director meetings
- Rules for shareholder meetings
- The corporation’s organizational structure
- Regulations for acquiring internal loans
- Shareholder voting rights
- Appointment of new officers