Purpose Of Bylaws For Corporations In San Diego
Description
Form popularity
FAQ
Any person executing a consent may provide, whether through instruction to an agent or otherwise, that such consent will be effective at a future time, including a time determined upon the happening of an event, occurring not later than 60 days after such instruction is given or such provision is made, if evidence of ...
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 formation process itself is straightforward and streamlined: Choose a company name and entity type. Select and contact a registered agent. Finally, file a Certificate of Incorporation. The Division of Corporations offers professional customer service and expedited services.
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.
There's also the fact that if you don't list the number of directors in your Articles of Incorporation, you're legally required to list that information in your bylaws (see California Corp Code § 212). The bottom line: corporate bylaws are not legally required, but they're pretty much essential for your corporation.
Delaware laws essentially require that a corporation have at a minimum a President and a Secretary. Other officer posts are optional (examples: one or more Vice Presidents, a Treasure or an Assistant Secretary or Treasurer).
