Section 10.20.056. Bylaws.

Latest version.

The board of directors shall adopt the initial bylaws of a corporation.  The power to adopt, alter, amend or repeal bylaws is vested in the board of directors unless it is reserved to the members by the articles of incorporation. The bylaws may contain provisions for the regulation and management of the affairs of the corporation not inconsistent with law or the articles of incorporation.

Notes

History

(Sec. 1 ch 99 SLA 1968)

                    
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