This By-Laws document contains the following information: the name and location of the corporation, the shareholders, and the duties of the officers.
Example Of Corporate Bylaws In Florida
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Florida corporations must have one or more directors. Residence requirements. Directors do not have to be residents of Florida.
Corporate bylaws are legally required in Florida. Florida law requires corporations to adopt bylaws.
The By-Laws outline the rules on annual and special meetings, voting, quorum, notice of meeting and auditors and inspectors of election. They further emphasize procedures for qualification, nomination, election and compensation of the directors. The By-Laws also identify the officers of the company and their functions.
For example, every corporation must appoint directors and corporate officers (President, Secretary, Treasurer, etc.).
In Florida, a corporation is only required to have at least one director, however you are permitted to have more. That same person may also be the only shareholder and officer.
Under Florida law, a corporation must have at least one director. Directors must be at least eighteen years old. Directors need not be residents of Florida or shareholders of the corporation, unless the articles of incorporation so require.
Corporate bylaws are legally required in Florida. Florida law requires corporations to adopt bylaws.
Action by directors without a meeting. (1) Unless the articles of incorporation or bylaws provide otherwise, action required or permitted by this act to be taken at a board of directors' meeting or committee meeting may be taken without a meeting if the action is taken by all members of the board or of the committee.
The officers of the corporation shall be a chief executive officer, a president, a vice president, a secretary, a treasurer, and any other officers and assistant officers as may be deemed necessary, and as shall be approved, by the board of directors. Any two or more offices may be held by the same person.
