In short, unanimous consent is a useful tool regularly used by good presiding officers. In addition to being more relaxed, it allows an assembly to move quickly through non-contested issues so that there is more time for contested ones. Corporate bylaws also describe how stock is issued by the corporation. Corporate bylaws are sometimes called corporation bylaws, company bylaws, or a bylaws template. 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. Apologies, I just realised I should have added No 7 “photocopy everything. Don’t send original evidence in DWP/Atos will lose it so send in the photocopies instead.”. 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. Reviewed by Rocket Lawyer On Call Attorney C. Mario Jaramillo, Esq.When your company is organized as a corporation, many states require you to create Corporate Bylaws to set basic rules around how your business is run.