According to the corporate bylaws, approval of this sort of transaction is required from at least one of the two union representatives.
Usually, there are also corporate bylaws which must be filed with the state.
Some corporate bylaws now include clauses requiring the directors to consider the effects on the community of a business decision.
Individual rules for corporations are based upon the corporate charter and, less authoritatively, the corporate bylaws.
The board, meeting at the Citizens and Southern headquarters in Atlanta, also changed the corporate bylaws to make an unwanted merger more difficult.
Many corporate bylaws require directors to step down at 70 or 72.
More than 500 companies have placed versions of these rights plans in their corporate bylaws.
Volkswagen's corporate bylaws now limit the voting rights of any one shareholder to no more than 20 percent of the total.
Checking the corporate bylaws, he saw that shareholders had the right to inspect all company records on demand.
A. Our strategy has been to file amendments that are binding in the corporate bylaws.