17-1512. Bylaws and regulations.
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/ks/chapter-17/17-1512A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
17-1512. Bylaws and regulations. Each corporation shall formulate bylaws prescribing the duties of the directors and officials; the manner of distributing the profits of its business; the manner of becoming a member; and such other rules and instructions to its officials and members as will tend to make the corporation an effective business organization.