(a) The incorporators or board of directors of a corporation shall adopt initial bylaws for the corporation.
(b) The bylaws of a corporation may contain any provision for managing the business and regulating the affairs of the corporation that is not inconsistent with law or the articles of incorporation.
Section: Previous 4-27-202 4-27-203 4-27-204 4-27-205 4-27-206 4-27-207 NextLast modified: November 15, 2016