In Montana, corporations are required to draft a set of bylaws as part of the incorporation process. A corporate bylaw is an internal document, in that it never gets filed with the government, which essentially lays out the rules and regulations the corporation wishes to run by. Drafting a bylaws document, aside from being legally required, helps to add to the impression of legitimacy your entity projects to government agencies, financial institutions, and competitors. Below we have a PDF and MS Word formatted template, available for free, which you can use to draft your own bylaws document today. Have your lawyers review the document once completed and disseminate copies to all relevant parties.