Bylaws Of A Corporation Formation In Harris
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L3Harris Technologies, Inc. The company was formed from the merger of L3 Technologies and Harris Corporation on June 29, 2019, which made it the sixth-largest defense contractor in the United States.
Business organization As of 2023, L3Harris is organized under four business segments: Integrated Mission Systems, Space & Airborne Systems, Communication Systems, and Aerojet Rocketdyne. It is led by a 13-member board of directors, including chair and CEO Chris Kubasik.
L3Harris Technologies is a U.S. military contractor, headquartered in Melbourne, Fla., that manufactures surveillance equipment and electronic warfare technologies for military and law enforcement applications.
We'll move fast to meet customer needs. L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers' mission-critical needs. The company provides advanced defense and commercial technologies across air, land, sea, space and cyber domains.
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.
FIRST: The name of this corporation is L3Harris Technologies, Inc.
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.
The Delaware corporate code covers most of the topics normally addressed in the Bylaws. Therefore, if the Certificate of Incorporation sets forth the authorized number of directors there is no legal requirement that a corporation have 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.
Creating by-laws When incorporating under the Canada Not-for-profit Corporations Act (NFP Act), you have to create by-laws. They set out the rules for governing and operating the corporation. They can be modified at a later date as the needs of the corporation change.
