Example of Bylaws document for LLC and S-Corp

Bylaws for [Company Name]

Article 1: Name and Purpose 1.1 The name of the corporation/LLC is [Company Name]. 1.2 The principal office is located at [Address]. 1.3 The purpose of the corporation/LLC is to engage in lawful business activities permitted under state law.

Article 2: Ownership and Management 2.1 Members/Shareholders: [List names and ownership percentages]. 2.2 Officers: The corporation/LLC shall have a President, Secretary, and Treasurer [or modify as needed]. 2.3 Board of Directors/Managers: The company shall be governed by [a single-member manager, multiple-member managers, or a board of directors].

Article 3: Meetings 3.1 Annual Meeting: Shall be held on [date] of each year. 3.2 Quorum: A quorum consists of [number] members or directors.

Article 4: Capital Contributions 4.1 Members/Shareholders shall contribute capital as agreed in the Operating Agreement/Stock Issuance Agreement.

Article 5: Distributions and Taxation 5.1 LLC: Distributions shall be allocated based on ownership percentage unless otherwise agreed. 5.2 S-Corp: Distributions shall be made based on shareholding, ensuring compliance with IRS regulations.

Article 6: Amendments 6.1 These bylaws may be amended by a majority vote of the members/shareholders.

Article 7: Dissolution 7.1 The company may be dissolved by a vote of [percentage] of members/shareholders.

Signatures: President: ______________Secretary: ______________Date: ____________