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Florida Corporate Bylaws Template

Florida corporate bylaws establish the rules and methods of operation for a corporation and must be adopted after the entity has been created. Unless the articles of incorporation state that the shareholders are designated to draft the bylaws, the incorporators or directors will create and execute the document.
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Laws

  • Annual Meetings – A corporation must hold an annual shareholders meeting for the election of directors and for the transaction of any proper business at a time in accordance with the bylaws.[2]
  • Corporate Bylaws – The directors or incorporators must adopt an initial set of bylaws with provisions in compliance with state law and the articles of incorporation.[3]
  • Issuance of Stock – The board of directors can issue shares for any tangible or intangible property or benefit to the corporation, including cash, promissory notes, services performed, promises to perform services evidenced by a written contract, or other securities of the corporation.[4]

Emergency Bylaws

The corporation may adopt emergency bylaws that provide procedures for emergency board meetings and the appointment of substitute directors. Such measures are only effective during emergencies that prevent a quorum of the regular board members from being assembled.[5]