New Hampshire corporate bylaws are set by the incorporator or directors of a corporation as a summary of its regulations, mission, and operating guidelines. The bylaws content is tasked with identifying the corporation’s directors and other governing parties, detailing the rights of the shareholder, and defining the requirements for meetings and committees. A New Hampshire corporation’s bylaws should also deliver the rules and definitions to correctly categorize the corporation’s behavior, tax entity standing, and financial activity.
Once a New Hampshire corporation enacts its bylaws, it shall be obligated to operate according to its provisions. These provisions may be changed but only in compliance with the law and the bylaw requirements for doing so at the time.
Is it Required in New Hampshire?
Yes. Corporate bylaws are required in the State of New Hampshire as per NH Rev Stat § 293-A:2.06 (2019).