Professional Documents
Culture Documents
12 By Laws
The bylaws set the rules on how meetings are called and scheduled, as well as how they
should be conducted. This provides a way for the board to remain updated on the company’s
status and to address issues that concern the organization.
The Articles of Incorporation are necessary in order for an organization to be created legally
and be included among the independent business entities in a given state. Containing the
most basic information about the company and outlining what it is about, the Articles of
Incorporation are drafted and then filed with the state agency that is in charge of business
registration.
The bylaws, on the other hand, need not be filed with the state agency. They are used within
the company as a guide for efficient operations. Drafting the bylaws is often considered the
board of directors’ first action as a business entity. Company bylaws are more detailed, as
compared to the Articles of Incorporation.