More than just a template, our step-by-step interview process makes it easy to create an Organizational Consent document. Save, sign, print, and download your document when you are done. Corporate bylaws define a corporation's purpose, how it will operate, and the duties and responsibilities of the people who own and manage it. They also let you specify shareholder ownership rights, select officers and directors, plan annual meetings, and establish how to remove officers or directors. Corporate bylaws also describe how stock is issued by the corporation. Corporate bylaws are sometimes called corporation bylaws, company bylaws, or a bylaws template. PandaTip: This shareholder agreement template sets out the terms of how corporate shareholders will interact with each other and what happens if one or more want to get out of the business, or something happens that forces exit of a shareholder or shutdown of the company. The Levi Hand Signal Technique (LHST) employed by Otesha "allows meeting participants to register their intent to make two distinct kinds of comments: those that are directly in response to someone else's comment ('reactive comments') and those that are separate thoughts ('unique comments'). Intent to register a reactive comment is signaled by a different hand signal than is intent to register a unique comment. Even if Bylaws are not required (see state-by-state requirements), it's a smart idea to put them in place so you'll have clear rules in place.