Updated April 25, 2023
Kentucky corporate bylaws are a corporation’s rules and regulations and are drafted into a legally binding document signed by the board of directors. The document will relay the corporate leadership structure, the procedure for day-to-day operations, the issuance of shares, and the meeting schedule (annual shareholder meetings are mandatory). Additionally, the bylaws will often include a description of the corporation’s purpose or mission statement. The bylaws can be amended, repealed, or added to in accordance with the articles of incorporation or original bylaws document.
Laws
Emergency Bylaws
Emergency bylaws can be executed by the directors to add provisions for board meetings when a quorum of the corporation’s directors cannot attend a scheduled meeting due to a catastrophic event. (§ 2-070)