Bylaws

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The incorporator or initial directors adopt the company's bylaws after the articles of incorporation are filed. The bylaws set forth the governance rules of the company, but are secondary to the articles, i.e., if there is any conflict between the articles and the bylaws, the articles control. Typical topics covered by the bylaws include the procedures for meetings of stockholders and directors, officers, committees and the issuance and transfer of stock certificates. Delaware law permits the bylaws to contain any provision relating to the business of the company, the conduct of its affairs or to the rights or powers of the company, its stockholders, directors, officers and employees.
Created By: Russell Benasaraf 03-17-2014
Last Updated By: Russell Benasaraf 03-17-2014
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