Bylaws
Applied in 1 court decision — leading case Wilson v. Playa De Serrano (2005)
Most recently applied in Wilson v. Playa De Serrano (November 2005)
A. The board of directors of a corporation shall adopt initial bylaws for the corporation.
B. The bylaws of a corporation may contain any provision for managing the business and regulating the affairs of the corporation that is not inconsistent with law or the articles of incorporation.
Official source: Arizona State Legislature. Reproduced from public-domain Arizona statutes; confirm against the official source for the current text. Not legal advice.