In general, Vermont incorporation bylaws are written to manage the corporation’s business and to conduct the corporation’s affairs so long as the bylaws do not conflict with the articles of incorporation. A corporation maintains its bylaws at its principal executive office and is not required to file them with the state. United Agent Services will provide customized bylaws for your corporation based on the operation requirements that you specify.
The incorporators or board of directors must adopt initial bylaws for the corporation.
The bylaws may prescribe qualifications for directors that are not inconsistent with the articles of incorporation. The board of directors of a corporation may adopt, amend or repeal bylaws subject to any restrictions in the articles.
Officers must be listed in the bylaws or elected by the board of directors, and there must be at least a president and a secretary. Officers may appoint other officers in compliance with the bylaws and board of directors. At least one officer has the responsibility of preparing minutes of the directors’ and shareholders’ meetings and for authenticating records for the corporation. Any officer, except for the president or secretary, may hold more than one office in the corporation unless it is a professional corporation.