Current with all legislation passed during the 2023 Regular and First Extraordinary Sessions.
Section 4-27-206 - Bylaws(a) The incorporators or board of directors of a corporation shall adopt initial bylaws for the corporation.(b) The bylaws of a corporation may contain any provision for managing the business and regulating the affairs of the corporation that is not inconsistent with law or the articles of incorporation.Acts 1987, No. 958, § 64-206.