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2016 Statute



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17-1512.Bylaws and regulations. Each corporation shall formulate bylaws prescribing the duties of the directors and officials; the manner of distributing the profits of its business; the manner of becoming a member; and such other rules and instructions to its officials and members as will tend to make the corporation an effective business organization.

History: L. 1913, ch. 137, § 8; R.S. 1923, 17-1512.



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2017. Powered by KLISS. Rendered: 2017-12-17T02:19:38. Head Rev No: 343857