A corporate bylaw is an organization tool that allows the initial incorporators of an entity to establish the manner in which the entity’s internal affairs are to be managed. All logistical and financial provisions not already stated in the initial formation documents can be provided here to establish the manner in which the corporation is to operate on a day to day basis. Due to the legal nature of this document, it is wise to have your attorney review its contents to ensure that it will benefit the corporation and each party involved as effectively as possible. Feel free to download our free template below in either MS Word and Adobe PDF format and see if it wouldn’t help in your drafting process. It should be noted that it is not legally required of you to create a corporate bylaw and therefore this drafting process is merely a strong recommendation.