Company By-Laws

Written agreements established for the purpose of defining how corporations will operate and be managed. They are established specifically for corporations as opposed to LLCs and therefore also deal with issues related to the boards and issuance of shares such as shareholder rights, provisions to select officers and directors and delineation of the various governance rules under which the corporation operates.6

Related Terms

C-CorporationArticles of IncorporationFounder’s Agreement

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