Kansas corporate bylaws are used to establish the protocol that directors or officers of a company must follow to organize and conduct corporate board meetings. In addition to these directions, Kansas corporate bylaws must contain a detailed record of the board-approved policies that will be employed on a daily basis, the financial and investment characteristics of the corporation, and the process needed to handle corporate crises such as how an ad hoc committee may be voted upon.
Corporate bylaws may not be mandatory however many would agree that Kansas corporations operating without a set of bylaws invite misunderstandings, inconsistencies, and even cases of gross mismanagement.
Is it REQUIRED in Kansas?
No. Kansas corporations are under no state obligation to institute bylaws.