271B.2-060 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. Effective: January 1, 1989 History: Created 1988 Ky. Acts ch. 23, sec. 20, effective January 1, 1989.
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