HRS §414-36
Rules for adopting and writing corporate bylaws
This section says who must create the initial bylaws for a corporation and what those bylaws can cover. Bylaws are the internal rules for running the business, and they must follow the law and the company's articles of incorporation.
The statute, as written — Bylaws
(a) The incorporators or board of directors of a corporation shall adopt initial bylaws for the corporation. (b) The bylaws of a corporation may contain any provision for managing the business and regulating the affairs of the corporation that is not inconsistent with law or the articles of incorporation.
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