§ 410. By-laws. (a) The initial by-laws of a society shall be adopted at the meeting for incorporation. By-laws may thereafter be amended, repealed or adopted as provided in the by-laws. But in the absence of such provision, by-laws may be amended, repealed or adopted by a vote of two-thirds of the members present and voting at a meeting of the members called for that purpose.

(b) The substance of any proposed by-law change shall be stated in the notice to members of the meeting.

(c) The by-laws may contain any provision relating to the business of the society, the conduct of its affairs and the rights or powers of its members, trustees and officers, not inconsistent with this article or any other applicable statute, or the certificate of incorporation.