By-laws Adoption. – Every corporation formed under this code, must, within one month after receipt of official notice of the issuance of its certificate of incorporation by the Securities and Exchange Commission, adopt a new code of by-laws for its government not inconsistent with this code.
Corporate bylaws are a company's foundational governing document. They lay out how things should run day-to-day and the processes for making important decisions. They serve as a legal contract between the corporation and its shareholders, directors, and officers and set the protocol for how the organization operates.
California corporate name In such cases, the name must end with "Corporation," "Company," "Incorporated," "Limited" or an abbreviation thereof. The name must not be likely to mislead the public.
California corporate bylaws are the agreed-upon rules for your corporation's operations. Bylaws create an organizational structure for your company and outline policies for appointing directors and officers, holding shareholder and board meetings, and handling conflicts of interest, among other issues.
Forming a Georgia Corporation Name your Georgia corporation. Appoint Directors. Choose a Georgia Registered Agent. File the Georgia Articles of Incorporation. Create Corporate Bylaws. Draft a Shareholder Agreement. Issue shares of stock. Apply for Necessary Business Permits or Licenses.
(a) One or more natural persons, partnerships, associations or corporations, domestic or foreign, may form a corporation under this division by executing and filing articles of incorporation.
Corporate bylaws are legally required in Georgia. Georgia code § 14-2-206 (2021) requires the incorporators or board of directors to adopt bylaws.
Corporations Code - CORP. TITLE 1 - CORPORATIONS. DIVISION 1 - GENERAL CORPORATION LAW.
LLCs are not required to have bylaws. However, they are governed by an operating agreement which is like a corporation's bylaws.