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Corporate bylaws are legally required in Georgia. The board of directors usually adopts initial bylaws at the first organizational meeting.
The state of Georgia requires nonprofits to have at least one board member. However, the IRS barely grants tax-exempt status to organizations with fewer than three board members.
In addition to the above information already needed, Form 1023 also requires a business to supply, articles of incorporation, bylaws, conflict of interest policy or of how the organization manages conflicts of interest, and financials for 3 or 4 years.
The state of Georgia only requires nonprofit organizations to have one board member, but the IRS rarely provides tax-exempt status with less than three unrelated board members. It is recommended for nonprofits to have three to twenty-five board members depending on the size and purpose of the organization.
Nonprofit bylaws are legally required in Georgia. In Georgia, bylaws are legally required by the state.