(a) The board shall adopt the initial bylaws of a telephone cooperative to be adopted following:
(1) an incorporation;
(2) a consolidation; or
(3) an amendment by an existing cooperative, corporation, or association of its articles of incorporation as provided by Section 162.082.
(b) After the initial bylaws are adopted, the members may adopt, amend, or repeal the bylaws by the affirmative vote of a majority of those members voting on the question at a meeting of the members.
(c) The bylaws may contain any provision for the regulation and management of the affairs of the telephone cooperative that is consistent with the articles of incorporation.