Delaware Corporate Bylaws
Delaware corporate bylaws are the rules that govern your corporation’s operations and create an organizational structure for your company. Bylaws outline policies for appointing directors and officers, holding shareholder and board meetings, and handling conflicts of interest, among other issues.
As crucial internal documents, your bylaws should cover the most important aspects of your business. For this reason, Northwest offers a free, attorney-drafted template you can use to create strong bylaws for your corporation.
FAQs
Are bylaws filed with the state of Delaware?
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?
While Delaware statutes do not explicitly state that bylaws need to be signed, including the names and signatures of all board members and officers adds to your corporation’s legitimacy. Signing bylaws is standard practice.
How do I amend my bylaws in Delaware?
In Delaware, shareholders always have the power to amend bylaws, but corporations may also grant that power to the board of directors in their articles of incorporation. Corporations may also establish their own procedures for amending bylaws (without violating statutes) within the bylaws themselves.