Alabama Code 10-2B-2.06 - Bylaws
Alabama Code > Title 10 > Chapter 2B > § 10-2B-2.06 - Bylaws
Current as of: 2010
(a) The board of directors of a corporation shall adopt initial bylaws for the corporation unless the right to adopt the initial bylaws is reserved to the shareholders in the articles of incorporation.
(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.Prev Next
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