Arizona corporate bylaws are the administrative guidelines of a corporation that are drafted by the incorporator or board of directors after completing the process of incorporation with the state. The bylaws document includes written provisions pertaining to the corporation’s structure and the management of and relationships between its directors, officers, and shareholders.
Corporate bylaws will cover subjects such as meetings of directors and shareholders, voting requirements, issuance of shares, election of officers, directors and officers rights and obligations, and conflicts of interest. As the corporation evolves, the bylaws may be amended from time to time by the board of directors, the shareholders, or by some other voting proceedings as specified in the document.
Chapter: Title 10