Updated April 25, 2023
West Virginia corporate bylaws are provisions that govern the internal affairs of a corporation. This document is separate from the articles of incorporation and will contain more detail with regard to the rights and responsibilities of officers, directors, and shareholders, how shares are issued, and the creation and purpose of special committees. Corporate bylaws are created by the incorporator and/or the board of directors, and can be later amended through a meeting of the shareholders. In addition to regulating the structure and organization of the corporation, the bylaws help avoid legal and issues within the company.
Laws
- Annual Meetings – § 31D-7-701
- Corporate Bylaws – § 31D-2-205
- Issuance of Stock – § 31D-6-621
Emergency Bylaws
Bylaws may be adopted in an emergency to continue managing the corporation efficiently during a catastrophic event. (§ 3D-2-206)