Minnesota Corporate Bylaws Template

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Minnesota corporate bylaws are rules that define the internal structure and daily operations of a corporation. Corporate bylaws allow the first board of directors or the incorporators to nominate officers and identify their liabilities, duties, and rights within the corporation. The voting power of shareholders may also be addressed along with their ability to call special meetings for the discussion of current business matters. Establishing policies in this manner will reduce the possibility of conflict should there be a disagreement over the direction or management of the company.

Required in Minnesota? No (§ 302A.181(1))

Laws