Nothing on this page should be construed as leagl advice. Bylaws are the set of rules that govern the operations of a corporation. A well drafted set of bylaws will be very comprehensive, and will provide mechanisms and procedures for all of the intended operations, as well as the anticipated operations of the entity as it grows and evolves. Bylaws should also contain provisions for the election of board members and may implement procedures that make hostile takeovers more difficult. Bylaws should define the rights and responsibilities of the board of directors and employees, and the voting procedures for the stock holders. At Springmeyer Reddy, we seek to fully understand the business goals and visions of the shareholders of the corporation. We draft our bylaws with special consideration to the protection of the board of directors, the optimal procedures for effective management, and the exit options that the principals anticipate. If you are interested in forming a corporation, please contact us. |