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Corporate bylaws are essential rules governing an organization’s operations, typically created and signed by the board of directors outlined in the articles of incorporation. They are mandated in 31 states. The key elements to include in corporate bylaws are the organization's name, board of directors, stock certificates, voting rights, committees, and quorum determination, which is the minimum number of members needed for meetings, usually a majority. To create bylaws, original incorporating individuals should be gathered to choose the organization's leaders, ensuring compliance with state requirements. The video also discusses various types of organizations and how to obtain an official fillable template for bylaws.
