Corporate bylaws are a vital element of a newly formed company, providing key rules and regulations for operational effectiveness. They aredrawn up and codified by the board of directors when a corporation is being formed. This document helps to ensure that a business runs consistently from its inception.

Bylaws thus become the critical document to aid the board of directors in their oversight of the corporation.

Terms included in a corporate bylaw are dictated by the guidelines set by a particular state. These typically include important information such as the following:

In most states, limited liability companies (LLCs) are required to create an LLC operating agreement. These operating agreements, essentially function as a set of corporate bylaws, offering guidelines for how an LLC operates as well as owner responsibilities. The documents are often key for responding to legal issues and are legally binding.

Typically LLC’s and corporations are not required to file bylaws and operating agreement documents with the Secretary of State office. They may, however, be requested by lenders, banks, attorneys, and potential investors for various business activities.

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This interview was recorded during this year’s Anarchapulco conference on The Crypto Show (thecryptoshow.com)

In the Interview, Shawn discusses the following topics.

· Consensual Agreements

· Smart Contracts

· Operating Agreements

· Business Management UX

· Cap Tables

Also featured in an earlier segment of this interview was a conversation with Ashe Oro. Ashe has been a long-time proponent of blockchain and entrepreneurship. If you would like to learn more about what he’s working on please go to https://soundcloud.com/heryptohow/ashe-oro-and-shawn-owens-at-anarchapulco.

To learn more about Equa and sign up for a free trial, please visit us at www.equa.global

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