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corporate bylaws are the rules by which corporations operate on the day-to-day basis the bylaws are generally adopted by the incorporators or the board of directors at the corporation's first organizational meeting though they may and usually are amended later the term set forth in the bylaws must comply with relevant state law and be consistent with the Articles of Incorporation which established the corporation the Articles of Incorporation generally deal with only the basic corporate structure and the law allows the corporation great latitude in determining its internal rules the bylaws carry forward the purpose set forth in the Articles by establishing a more detailed rules structure unlike Articles of Incorporation which must be filed with the state bylaws can be kept private though many public corporations make their bylaws available on the Company's website bylaw has detailed the internal working procedures of corporation well they can differ by company bylaws typically address...
