What are Corporate Bylaws?

What are Corporate Bylaws?

Corporate Bylaws are rules for the corporation that specify things such as the number of votes required to pass a matter put before the corporation, and the requirements to be met before a shareholder can sell his shares, among other things.

Bylaws may not be changed without a majority of votes of the board of directors or the shareholders. Bylaws do not need to be filed with the State. They are created solely for the corporation and it’s shareholders.

ActiveFilings.com provides free templates of Corporate Bylaws when you use our Incorporation Services. Our templates are easy to customize and they provide step by step instructions. We can also offer you our Customized Bylaws Preparation Service for your entity at an affordable fee.