Bylaws and Resolutions are the basic “operating rules” of your corporation.
Bylaws are developed during the incorporation phase of a business or nonprofit. They govern the internal management of an organization and are written by the organization’s founders or directors. They cover, at minimum, topics such as how directors are elected, how meetings of directors are conducted, and what officers the organization will have and their duties.
An organization does not formally exist until the bylaws have been approved by the board of directors.
Avoid problems down the line. Well-drafted bylaws will protect your working relationships, and allow you to focus on building your business.
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