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Corporate bylaws are essential rules governing an organization's operations, typically drafted and signed by the board of directors defined in the articles of incorporation. Required in 31 states, corporate bylaws should encompass the organization’s name, board of directors, stock certificates, voting rights, committee structures, and quorum definitions—where a quorum represents the minimum number of members needed for a meeting, usually a majority. To create bylaws, the initial incorporators should convene to appoint organizational leaders, which generally requires a majority vote of two-thirds. The tutorial also suggests obtaining an official fillable template for ease of use.
