271B.2 -060 Bylaws. (1) The incorporators or board of directors of a corporation shall adopt initial bylaws for the corporation. (2) The bylaws of a corporation may contain any provision for managing the business and regulating the affairs of the corporation that is not inconsist ent with law or the articles of incorporation. Effective: January 1, 1989 History: Created 1988 Ky. Acts ch. 23, sec. 20, effective January 1, 1989.
Kentucky Legal Code