Delaware corporate bylaws set the rules for the company, including stockholder meeting procedures, stockholder and/or officer duties, voting regulations, day-to-day guidance and more -- all of which help the business run smoothly.
Corporate bylaws are typically adopted in the initial meeting of the Board of Directors, held after the business has been incorporated. Bylaws may be different for each company, but they typically contain the following information
A Delaware corporation's bylaws should not be confused with its Articles of Incorporation. While corporate bylaws detail a corporation's structure and daily operations, the Articles of Incorporation outline the basics of the corporation -- the name of the company, the name of the Registered Agent and the authorized number of shares the corporation can issue.
The Articles of Incorporation are filed with the state of Delaware, whereas the corporate bylaws are internal and not required to be disclosed to the Registered Agent or the state of Delaware.
Please feel free to download and customize these free corporate bylaws templates:
A helpful guide to creating your bylaws is included in our corporation formation packages.
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