• Annual Meetings – Meetings of shareholders may be held at a time and place established in the bylaws. In the absence of any such provisions, all meetings must be held at the registered office of the corporation in this state.^[2]
• Corporate Bylaws – The power to make, alter, amend, or repeal the bylaws of a corporation is vested in the shareholders unless the articles of incorporation state otherwise. The original bylaws of a corporation may be adopted by the directors.^[3]
• Issuance of Stock – Every corporation may issue one or more classes of stock or one or more series of stock.^[4]

Emergency bylaws may be adopted by the corporation to be implemented during an attack on the United States or a nuclear or atomic threat. These bylaws are intended to manage the corporation while the emergency exists and shall cease to be effective once the state of emergency has ended.^[5]