Florida corporate bylaws are important provisions relayed in a written document that govern the structure and operations of a corporation. The bylaws will address matters such as meetings of the directors, the duties of officers, shareholders voting and meetings, the issuance of shares and certificates, and the creation and regulation of committees.
Florida corporation law covers most areas of an organization’s operations, but drafting bylaws enables the directors and shareholders to create rules and regulations specific to their particular entity. Due to the evolving nature of a company, shareholders and directors may amend, repeal, or adopt bylaws at their meetings as necessary.
Bylaws required? Yes (§ 607.0206(1))