490.206 - BYLAWS.

        490.206  BYLAWS.         1.  The incorporators or board of directors of a corporation shall      adopt initial bylaws for the corporation.         2.  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.      
         Section History: Recent Form
         89 Acts, ch 288, §23