North Dakota corporate bylaws are drafted by newly formed corporations to set out the manner in which they will govern their internal operations. The document sets forth the responsibilities of the company’s directors and officers and details how many shareholders and board members are required to make decisions on important matters, including amendments that may be made to the bylaws. This is an internal document intended as a blueprint of the company’s operations; it does not need to be filed with the Secretary of State.
Bylaws required? No, North Dakota law does not state that a corporation must adopt bylaws; however, implementing bylaws is recommended as it allows directors and shareholders to tailor the internal management of their business to suit their needs.