Every corporation needs rules or "bylaws" to govern itself. Your LegalZoom incorporation comes with state-specific bylaws that include important provisions, such as:
- Indemnification Clause
Allows the corporation to cover legal expenses for officers and directors to the maximum extent permitted by law.
- Procedures for Director and Shareholder Meetings
Sets forth requirements and procedures for conducting director and shareholder meetings while preserving operating flexibility.
- Board of Director and Officer Requirements
Provides qualifications and procedures for the election of officers and directors.