What is a bylaws?

Definition bylaws

How do we define: bylaws?


Bylaws are the rules and regulations adopted by a corporation for its internal governance. Bylaws usually contains provisions relating to shareholders, directors, officers and general corporate business. At the corporation's initial meeting the bylaws are adopted. Bylaws are a private document not filed with any state authority. Bylaws are more flexible than the articles of incorporation because they are easier to amend.


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