A corporate bylaws document is an agreement set in place between the managing members of a corporation. Stated within this internal document are the provisions put in place by the founding members which will dictate the organization of the entity’s internal affairs. The drafting of a corporate bylaw is not required by law in the state of Oregon and needn’t be submitted to the Secretary of State once completed. Here at Start a Business, we highly recommend drafting this agreement as it will often serve as the single most important legal  document pertaining to the operation of your entity. Take some time to view the free template we have provided to get a better idea of the exact information that would go into an agreement of this nature. To download, click on the links at the top of the page, or on the image found below (available in MS Word and PDF formats).