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Corporate Bylaws are rules a corporation uses to organize its internal management. They outline meeting rules, voting rights, and the policies and responsibilities of the corporation's directors, officers, and shareholders.

Minnesota corporate bylaws are rules that establish the organizational structure of your corporation. Bylaws cover some of the most important aspects of your business, from appointing directors and officers to holding board and shareholders' meetings and handling conflicts of interest.

Articles of incorporation are the primary law of an association used to establish the general organization and governing of the association to achieve corporate existence. Bylaws are the secondary law of an association best used to detail how the society is formed and run.

Minnesota law does not require corporations to have bylaws. However, it does establish default bylaw rules for corporations, which may or may not be ideal for how you want your business to operate.

Delaware corporate bylaws are not on the public record. This document doesn't need to be submitted to the state of Delaware. Instead corporate bylaws should remain on record internally, where they can be modified over time as the business evolves.

Some examples of S-Corporation By-Laws which may appear on a company's records are: Annual meetings are to be held for the purpose of electing a governing board of directors for the upcoming year. A quorum of six directors is needed in order to proceed with voting or other transactional business.