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Corporate bylaws are essential rules for an organization, detailing its operational structure. Typically drafted and signed by the board of directors, they are legally required in 31 states. Key components of corporate bylaws include the organization's name, board members, stock certificates, voting rights, committees, and quorum requirements, which define the minimum attendees needed for meetings. To create bylaws, assemble the founding members to choose the organization's leaders. In many states, a majority of two-thirds is necessary for decisions. This video tutorial also covers types of organizations and how to obtain an official fillable template for creating bylaws.
