The corporate bylaws of your corporation is a document which dictates the nature between members of the corporation and the corporation itself. Without the administration of a set of regulations into your business structure there will be no legal evidence of the capital contribution of each shareholder as well as their responsibilities within the corporation. This internal document will also dictate the power of the board of directors, the details of their qualification and election, the number of members on the board at any given time and the frequency of their meetings. You will find further detailing on the officers, capital stock, dividends and general provisions if you choose to download our template found below and available in Adobe PDF and MS Word formatting. It is advised to have your attorney review the contents of this document before incorporating it into your corporation.