Bylaws of Business Corporation with Restrictions on Issuance of Stock are a set of rules and regulations that govern the operations and activities of a business corporation that restrict the issuance of stock. These bylaws set limits on the number of shares that can be issued, the terms of the issuance, and the rights and privileges of holders of the shares. The bylaws are usually established and adopted by the board of directors to ensure compliance with the law and to protect the interests of the company and its shareholders. There are two types of Bylaws of Business Corporation with Restrictions on Issuance of Stock: the Standard Bylaws and the Custom Bylaws. Standard Bylaws are pre-existing bylaws that are used by most corporations and are usually found in the corporate charter or in the company’s governing documents. Custom Bylaws are customized bylaws created specifically for a particular corporation and are typically drafted by a lawyer. These bylaws are typically used by publicly traded companies and can include a variety of restrictions, such as limiting the number of shares that can be issued, setting the terms of the issuance, and specifying the rights and privileges of holders of the shares. They are also used to ensure that the corporation remains compliant with all applicable laws.