What are corporate bylaws?
Bylaws are internal governance rules addressing matters such as shareholder and director meetings, voting procedures, officer responsibilities, and corporate administration.
Bylaws are internal governance rules and are usually kept with the corporation's or nonprofit's records rather than filed as the public formation document. They commonly address meetings, voting, director or officer authority, committees, and procedural rules. The contents should be consistent with applicable state law and the organization's Articles or Certificate of Incorporation.