Corporate Bylaws Help Guides

Think of corporate bylaws as an internal rulebook for the organization’s key decision-makers. They specify the corporate governance procedures, including how the board of directors and any committee members will be selected, when and how annual meetings will be conducted, and how to deal with conflicts of interest between the company and its decisio...

Although federal law does not require specific language in most organizations’ bylaws, some states require that bylaws be filed at the time of incorporation or shortly thereafter. In most states, corporate bylaws are simply approved by the board of directors at the first board meeting. The board approves subsequent amendments of the bylaws according...

Federal tax law does not require nonprofits to maintain corporate bylaws or to include any specific language. However, most states require nonprofits to maintain updated bylaws, and it is generally advisable to do so even if not mandated by state law....

Starting your own business can be exciting and deeply gratifying, but it is also rife with challenges—including numerous legal forms. Preparation is critical; without understanding the complications that lie ahead, it is easy to go about the process of business formation in the wrong order. Follow these steps to ensure you have a smooth and easy pro...

A business organized under Section 501(c)(3) of the U.S. Internal Revenue Code is one used for charitable purposes. The business is exempt from federal taxes and must be a nonprofit. A 501(c)(3) organization may be a private foundation, public......

Businesses can change drastically over time. When the officers or directors first decide to incorporate, they may not fully understand what they want their business to do or how it should do it. As the business grows, original plans may not......

Every corporation must file certain documents with the Secretary of State. Many people mistakenly assume that once they have completed their initial establishment filings, there is no need to file anything else. Unfortunately, this kind of......

Corporate bylaws are a detailed set of rules adopted by a corporation's board of directors after the company has been incorporated. They are an important legal document for a corporation to have in place as they specify its internal management......

Facts of Nonprofit Organizations Nonprofit organizations include charities, non-governmental organizations (NGOs), civil society organizations (CSOs), private voluntary organizations (PVOs), and more. They are under the control of federal,......

Nonprofits engage in various activities around the country, including the preservation of historic sites, providing assistance to homeless people, helping to care for unwanted animals, and greening our urban areas to make them more acceptable......