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Corporate bylaws are essential rules governing an organization or corporation, detailing its operations. They are drafted and signed by the board of directors and are legally required in 31 states. This video tutorial outlines essential components of corporate bylaws, which include the organization’s name, board members, stock certificates, voting rights, committees, and quorum requirements—the minimum attendance needed for meetings, typically a majority. To create bylaws, gather the initial incorporators to designate the organization’s leaders. The video also discusses different types of organizations and provides guidance on obtaining an official fillable bylaws template.
