Bylaws*

2015 07 01 | Category: Offshore Glossary

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Bylaws*
Bylaws are the rules and regulations adopted by a corporation for its internal governance. It usually contains provisions relating to shareholders, directors, officers and general corporate business. They are usually adopted at the first shareholders’ meeting. Bylaws are a private document not filed with any state authority. Bylaws are more flexible than the articles of incorporation because they are easier to amend.


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