Bylaws: Glossary Definition

Definition of Bylaws:

Bylaws are the rules and regulations adopted by a corporation for its internal governance. Bylaws typically include provisions relating to stockholders; the frequency, date and time, location and requirements for calling stockholder meetings; the election, resignation and removal of members of the Board of Directors; and frequency, date and time, location, and requirements for calling Board of Directors meetings; the appointment of officers; the issuance of capital stock; and other general corporate matters.

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Today’s Question — Saturday, February 4

Must my corporation’s name end in “Inc.”?

No, you can typically choose from “Inc.”, “Incorporated”, “Corp.”, “Corporation”, “Limited” and similar names and abbreviations to indicate to the public that the entity is a corporation. The law varies from state to state and should be considered when forming your corporation. However, corporations do typically need to use one of these words or abbreviations.

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