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Mississippi Corporate Bylaws Template

Mississippi corporate bylaws are policies adopted by a board of directors or incorporators to regulate the day-to-day operations and management structure of a corporation. A comprehensive set of bylaws should specify the duties of the managing members and the election procedures for when a position becomes vacant.
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Laws

  • Annual Meetings – A corporation must hold a meeting of shareholders annually at a time stated in or fixed in accordance with the bylaws.[1]
  • Corporate Bylaws – The incorporators or board of directors must adopt initial bylaws for the corporation, containing provisions that align with the articles of incorporation.[2]
  • Issuance of Stock – The board of directors may issue shares for consideration consisting of any tangible or intangible property or benefit to the corporation.[3]

Emergency Bylaws

The board of directors may implement specific bylaws to manage the corporation during an emergency. After the crisis has ended, the emergency bylaws will cease to be effective.[4]