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Corporate bylaws are essential rules governing how an organization operates, typically created and signed by the board of directors specified in the articles of incorporation. Required in 31 states, corporate bylaws should include the organization’s name, board members, stock certificates, voting rights, committees, and quorum requirements (the minimum number necessary for a meeting, usually a majority). To create bylaws, gather the original incorporators to choose organizational leaders, ensuring a majority is present. This tutorial also discusses types of organizations and how to access official fillable templates for drafting bylaws.
