Montana Bylaws Mt

To form a Montana corporation, you must file articles of incorporation with the Secretary of State and pay a filing fee, at which point a corporation's existence officially begins. At a minimum, the articles must include the following information: Name of the corporation. Names and addresses of incorporators.

The bylaws of a corporation are the governing rules by which the corporation operates. Bylaws are created by the board of directors when the corporation is formed.

Bylaws are required when the articles of incorporation do not specify the number of directors in a corporation.Aside from number of directors, all the matters typically covered in the bylaws are otherwise covered by California statute, which would apply in the absence of any contrary lawful bylaw provision.

Although the California General Corporation Law requires that the original or a copy of the bylaws be available to shareholders (Section 213), it does not require that corporate bylaws be signed.

Basic Corporate Information. The bylaws should include your corporation's formal name and the address of its main place of business. Board of Directors. Officers. Shareholders. Committees. Meetings. Conflicts of Interest. Amendment.

Taxes. Corporations must file their annual tax returns. Securities. Corporations must issue stock as their security laws and articles of incorporation mandate. Bookkeeping. Board meetings. Meeting minutes. State registration. Licensing.

The bylaws are the corporation's operating manual; they describe how the corporation is organized and runs its affairs. You do not file the bylaws with the state, but you need to explain the roles of the corporation's participants, and technology can play a role in carrying out the bylaws.

Bylaws are not public documents, but making them readily available increases your accountability and transparency and encourages your board to pay closer attention to them. Your board should review them regularly and amend them accordingly as your organization evolves.

Bylaws are required when the articles of incorporation do not specify the number of directors in a corporation. Any corporation whose articles of incorporation do not specify the number of directors must adopt bylaws before the first meeting of the board of directors specifying the number of directors.