Sample Bylaws for a Tennessee Professional Corporation
What is this form?
The Sample Bylaws for a Tennessee Professional Corporation provide the procedural rules governing the internal operations of a professional corporation in Tennessee. Unlike generic corporate bylaws, this specific template is tailored for professional corporations, which may have additional legal and regulatory considerations. It ensures that the corporation operates smoothly in compliance with state laws and maintains clarity among its directors and shareholders.
What’s included in this form
- Article I: Name and address of the corporation.
- Article II: Procedures for meetings, including special meetings and notice requirements.
- Article III: Management structure and powers of the Board of Directors.
- Article IV: Responsibilities and powers of corporate officers.
- Article V: Guidelines for contracts, loans, and financial transactions.
- Article VI: Procedures for share issuance and transfer.
Common use cases
This form should be used when establishing or revising the bylaws of a professional corporation in Tennessee. If you are forming a new corporation, it is essential to define the operational rules to prevent internal disputes. Additionally, existing corporations can use this template to ensure compliance with state regulations or when changes to governance are necessary.
Who this form is for
This form is intended for:
- Owners and directors of professional corporations in Tennessee.
- Legal advisors assisting in the formation or restructuring of a professional corporation.
- Corporations seeking to ensure compliance with state corporate governance requirements.
How to prepare this document
- Identify the name of the corporation and provide the principal and registered office addresses.
- Specify the date for the annual meeting and the year of the first meeting.
- Detail the corporate officers and their roles within the company.
- Include sections regarding shareholder meetings, such as quorums and voting rights.
- Outline the procedures for amending the bylaws as needed.
Does this form need to be notarized?
Notarization is generally not required for this form. However, certain states or situations might demand it. You can complete notarization online through US Legal Forms, powered by Notarize, using a verified video call available anytime.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Avoid these common issues
- Failing to specify the roles and responsibilities of directors and officers.
- Omitting important details such as meeting notice periods and quorum requirements.
- Not keeping the bylaws updated in accordance with changes in state law or corporate structure.
Benefits of using this form online
- Easy customization to fit specific corporate needs and goals.
- Immediate downloadable access to the legal document.
- Guidance throughout the form-filling process, ensuring all necessary sections are completed.
Summary of main points
- The bylaws govern the internal rules of a professional corporation.
- Properly implemented bylaws can prevent disputes and ensure compliance with state laws.
- Regularly review and update the bylaws to reflect any changes in the law or in the structure of the corporation.
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FAQ
Basic Corporate Information. The bylaws should include your corporation's formal name and the address of its main place of business. Board of Directors. Officers. Shareholders. Committees. Meetings. Conflicts of Interest. Amendment.
Corporate bylaws commonly include information that specifies, for example, the number of directors the corporation has, how they will be elected, their qualification, and the length of their terms. It can also specify when, where, and how your board of directors can call and conduct meetings, and voting requirements.
The bylaws of a corporation are the governing rules by which the corporation operates. Bylaws are created by the board of directors when the corporation is formed.
The California professional corporation bylaws were created to provide services in professions that require a state license in order to practice.The bylaws may be for either a C corporation or an S corporation.
Article I. Name and purpose of the organization. Article II. Membership. Article III. Officers and decision-making. Article IV. General, special, and annual meetings. Article V. Board of Directors.
Bylaws. In the early years of the industry, developer lawyers used by laws or by-laws. Now it is a single word without spaces or hyphens: bylaws. The word is not capitalized if used generically.
ARTICLE I. NAME OF ORGANIZATION. The name of the corporation is YOUR NONPROFIT NAME HERE. ARTICLE II. CORPORATE PURPOSE. Section 1. ARTICLE III. MEMBERSHIP. ARTICLE IV. MEETINGS OF MEMBERS. ARTICLE V. BOARD OF DIRECTORS. ARTICLE VI. OFFICERS. ARTICLE VII. COMMITTEES. ARTICLE VIII. CORPORATE STAFF.