Corporate Bylaws

Corporation Bylaws essentially dictate the structure and manner by which a corporation will be managed and operated.  The bylaws are essentially the corporation’s laws, and may be thought of as the corporate equivalent to Operating Agreements in LLCs, and Partnership Agreements in Partnerships. Unlike the articles of incorporation that are filed with a state agency (i.e. the Arizona Corporation Commission) upon forming a new corporation, the corporate bylaws are kept as a business record, and may be shared with potential investors or other third parties with whom the corporation does business.

While the Bylaws may be comprehensive in nature, they typically include the following basic information about the corporation:

i. Basic identifying information about the Corporation, such as name, address, and principal place of business;

ii. The number of directors and corporate officers initially authorized for the corporation;

iii. Number and type of authorized shares and their respective class (i.e. preferred, common, etc.);

iv. Corporate fiscal year;

v. Rules and procedures for director and shareholder meetings (i.e. frequency, location, and protocol);

vi. Record-keeping and inspection procedures;

vii. Procedures for amending the articles of incorporation and bylaws;

Our business attorneys help our clients draft, review, and revise Corporation Bylaws to assure that a proper corporate structure – one that promotes efficiency and consistency in the management and operation of the corporation – is established.

Business Transactions Related Topics

• Business Formations
• Arizona Limited Liability Companies
• Arizona Corporations
• Arizona S-Corporation
• Arizona C-Corporation
• Arizona Partnerships
• Corporate Bylaws
• Operating Agreements
• Partnership Agreements
• Buy or Sell a Small Business
• Business Disputes & Dissolution
• Mediation/Arbitration