What Is Included In Pennsylvania Corporate Bylaws?
You corporate bylaws can typically include any sort of provision as long as it’s within the law and not counter to your articles or Pennsylvania corporate statutes. At minimum, it’s a good idea for bylaws to cover:
- Meetings
- Stock
- Directors and officers
- Finances
- Records
- Amendments and emergencies
What Information Do I Need to Use Northwest’s Free Pennsylvannia Corporate Bylaws?
Want to focus on your business and leave the heavy lifting to us? Our lawyers drafted a comprehensive corporate bylaws template you can use for free. You can even fill it out on this page, save it in a free account for later, and download a completed draft to sign.
In order to fill out our free corporate bylaws template, you’ll need your:
This must be your business’ legal entity name, or the name you put on your Pennsylvania Articles of Incorporation.
List when (date and time) you will hold annual meetings for shareholders.
Once your board of directors have approved the bylaws for the corporation, fill in the date.
The director signs the bylaws to approve them on behalf of the board of directors.
Expect to also maintain up-to-date lists of all shareholders and directors.
FAQs
No. The operating agreement is a legal document that outlines the rules for how the owners of an LLC interact. Bylaws, on the other hand, establish the rules for running a corporation and managing its internal affairs.
Nope! There’s no need—and no place—to file your corporate bylaws. However, it is important to maintain up-to-date bylaws with your corporate records.
Signing bylaws is standard practice—and can help ensure there are no disputes about their legitimacy—but signatures are not explicitly required by Pennsylvania statutes.
Pennsylvania’s statutes (see Pennsylvania Consolidated Statute § 1504) provide general rules for amending bylaws, mostly focusing on what is or is not allowed to be changed. As for actual procedures, however, these are most commonly established in the bylaws themselves.
Bylaws typically state the voting procedures needed for resolutions or amendments. This includes voting rights, quorum (the minimum number of board members or shareholders needed to hold an official meeting), and the procedures for calling a meeting.