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Corporate bylaws are essential rules governing an organization's operations, typically drafted and signed by the board of directors stated in the articles of incorporation. Required in 31 states, bylaws should include the organization's name, board of directors' names, stock certificates, voting rights, committees, and quorum determination, which is the minimum number of members needed for a valid meeting—usually a majority. To create bylaws, gather the original incorporators to choose the organization's leaders; generally, a majority of two or more individuals is needed. The video also outlines the process of obtaining a fillable template for official corporate bylaws.