Legal Question in Business Law in Florida

Re: Corporate Bylaws

These questions mean that you will need an attorney to ensure that you operate your corp correctly in order to avoid personal liability.

Re: Corporate Bylaws

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No. All directors do not need to sign the By-Laws. The Articles of Incorporation can be signed by as few as one person who serves as the incorporator. The By-Laws are generally drafted by the attorney who sets up the corporation after it has been incorporated. Usually only the President and the Secretary sign them at the first meeting of the corporation. The Corporation can begin business immediately upon filing.

It sounds like what you may actually be referring to is a Shareholder's Agreement which sets forth the rights and responsibilities of each shareholder. This should be drafted at the onset of the formation so that each party knows the rules by which they will be expected to act.

Scott R. Jay, Esq.