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  2. By-law - Wikipedia

    en.wikipedia.org/wiki/By-law

    This book has a sample set of by-laws of the type that a small, independent society might adopt. [14] The wording of the by-laws has to be precise. Otherwise, the meaning may be open to interpretation. In such cases, the organization decides how to interpret its by-laws and may use guidelines for interpretation. [15]

  3. Articles of association - Wikipedia

    en.wikipedia.org/wiki/Articles_of_association

    The articles of incorporation outline the governance of a corporation along with the corporate bylaws and the corporate statutes in the state where articles of incorporation are filed. To amend a corporate charter, the amendment must usually be approved by the company's board of directors and voted on by the company's shareholders.

  4. Corporate law - Wikipedia

    en.wikipedia.org/wiki/Corporate_law

    Examples are the limited liability company (LLC) and the limited liability limited partnership (LLLP) in the United States. Other types of business organizations, such as cooperatives , credit unions and publicly owned enterprises, can be established with purposes that parallel, supersede, or even replace the profit maximization mandate of ...

  5. Model Business Corporation Act - Wikipedia

    en.wikipedia.org/wiki/Model_Business_Corporation_Act

    Forum Selection Bylaws. The current MBCA permits the articles of incorporation or the bylaws of a corporation to specify the forum or forums for litigation involving internal corporate affairs. Venue for Judicial Proceedings. Recognizing that many states have developed specialized “business courts” that may be more appropriate venues for ...

  6. United States corporate law - Wikipedia

    en.wikipedia.org/wiki/United_States_corporate_law

    For example, in Aronson v Lewis [169] a shareholder of the Meyers Parking System Inc claimed that the board had improperly wasted corporate assets by giving its 75-year-old director, Mr Fink, a large salary and bonus for consultancy work even though the contract did not require performance of any work. Mr Fink had also personally selected all ...

  7. C corporation - Wikipedia

    en.wikipedia.org/wiki/C_corporation

    Corporations are issued a certificate of incorporation by most states upon formation. Most state corporate laws require that the basic governing instrument be either the certificate of incorporation or formal articles of incorporation. Many corporations also adopt additional governing rules known as bylaws.

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