the corporation

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					§ 55-2-06. 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. (1955, c. 1371, s. 1; 1959, c. 1316, ss. 2, 3; 1973, c. 469, s. 4; 1989, c. 265, s. 1.)

G.S. 55-2-06                                                                                   Page 1