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Corporate bylaws are the internal rules that govern how corporations operate on a day-to-day basis. They are usually adopted by the board of directors at the first organizational meeting and may be amended later. Bylaws must comply with state law and be consistent with the Articles of Incorporation. While Articles of Incorporation establish basic corporate structure, bylaws provide more detailed rules. Bylaws can be kept private, but many public corporations make them available on their website. They detail internal working procedures and differ by company.
