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2006 Florida Statutes

Section 607.0206, Florida Statutes 2006

607.0206  Bylaws.--

(1)  The incorporators or board of directors of a corporation shall adopt initial bylaws for the corporation unless that power is reserved to the shareholders by the articles of incorporation.

(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.

History.--s. 21, ch. 89-154.