West Virginia corporate bylaws are drafted by the board of directors or incorporators of a corporation to set forth the rules and regulations that will govern the entity’s operations. Although corporations in West Virginia are legally required to adopt corporate bylaws, there is no set format for the content of the bylaws. However, that they must be made in accordance with the law and the corporation’s Articles of Incorporation.
The document will typically establish the internal structure and procedures of the entity, including the appointment and responsibilities of corporate officers and the board of directors, the rights of shareholders, the time and place of meetings, and the issuance of stock.
Bylaws required? Yes (§ 31D-2-205(a)).
- Bylaws: § 31D-2-205
- Indemnification: § 31D-8-851, § 31D-8-852, § 31D-8-854, § 31D-8-855, § 31D-8-856
- Notice of meetings:
- Stock issuance & certificates: § 31D-6-621, § 31D-6-625