What are corporate bylaws?
Corporate bylaws are established early during business formation and mandate how a business will not only be formed and organized, but also how it will function over time. Various aspects of corporate bylaws include shareholder relationships, potential accommodation for amendments, rules for mergers or acquisitions, partner agreements, and overall organization. These bylaws are legally binding, so any violation could result in legal action.
If you or someone you work with needs legal advice or assistance with the creation or enforcement of corporate bylaws, the qualified attorneys at Slater Pugh, Ltd. LLP can help. Contact us today to learn more.