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Corporate bylaws are essential rules governing the operation of an organization, typically written and signed by the board of directors listed in the articles of incorporation. Required in 31 states, they should include the organization’s name, board members, stock certificates, voting rights, committees, and quorum requirements, which define the minimum number of directors or shareholders needed for a board meeting. To create bylaws, gather the original incorporators to appoint organizational leaders, ensuring a majority of two-thirds is generally present. The video also discusses different types of organizations and how to obtain an official fillable template for corporate bylaws.
