Arizona Corporate Bylaws
Arizona corporate bylaws are the rules that govern your corporation’s operations and create an organizational structure for your company. Corporate bylaws establish how your corporation will appoint directors and officers, hold shareholder and board meetings, and amend the bylaws themselves, among other issues.
Corporate bylaws are some of the most important internal documents you have, which is why we at Northwest offer a free, attorney-drafted template you can use to create corporate bylaws that suit your business.
Are bylaws filed with the state of Arizona?
No. Your corporate bylaws are internal documents, which means they should be kept on file with your business records.
Do bylaws need to be signed?
Technically, it’s possible for a board of directors to adopt bylaws without signing them. However, signing your bylaws demonstrates that everyone is on the same page about how your corporation will function, so it’s always a good idea.
How do I amend my bylaws in Arizona?
Arizona’s statutes (see AZ Rev Stat § 10-1020) provide some rules for amending bylaws, but for the most part, corporations establish the procedures for amending bylaws in the bylaws themselves.
For example, corporate bylaws could redefine the quorum (the minimum number of those needed to be present to vote on an amendment) to a third of directors rather than a majority. Or, the bylaws can stipulate that only the shareholders are allowed to amend or repeal a certain bylaw.