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Do bylaws need to be signed? Technically, it's possible for a board of directors to adopt bylaws without signing them. However, signing your bylaws demonstrates that everyone is on the same page about how your corporation will function.
317A. A nonprofit corporation's purpose and activities must serve the organization's mission to benefit the public, and may not be operated to profit other persons or entities.
Minnesota law does not require corporations to have bylaws. However, it does establish default bylaw rules for corporations, which may or may not be ideal for how you want your business to operate.
Prepare and File Articles of Incorporation Agency:Minnesota Secretary of StateForm:Articles of Incorporation ? Original FilingFiling Method:Mail, in-person, or onlineAgency Fee:$70 by mail. $90 online or expedited in-person.Turnaround:~5-7 business days by mail. ~24hrs online.2 more rows
They contain the basic rules for the conduct of the corporation's business and affairs. The bylaws may contain any provision for managing the business and regulating the corporation's affairs that is not inconsistent with statutory law or the corporation's Articles of Incorporation.