Alabama Corporate Bylaws Template

Alabama corporate bylaws let a company decide its internal management, voting rules, and decision-making process. A corporation must operate within the limits of the bylaws, which are created by the initial incorporators or board of directors.

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Last updated September 26th, 2024

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Alabama corporate bylaws let a company decide its internal management, voting rules, and decision-making process. A corporation must operate within the limits of the bylaws, which are created by the initial incorporators or board of directors.

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Are bylaws required in Alabama?

Yes, the “incorporators or board of directors of a corporation shall adopt initial bylaws for the corporation.”[1]

Alabama Corporate Laws

  • Corporate Tax Rate: 6.5% of the corporation’s taxable income.[2]
  • Board of Directors: The board of directors must have at least one individual.[3]
    • Age Requirement: Must be at least 19 years old.[4]
    • Fiduciary Duty: Must act in good faith and in the best interests of the corporation.[5]
    • Elections: Decided by shareholders at regularly scheduled meetings.[6]
  • Emergency Bylaws: Permitted if a catastrophic event occurs which prohibits a quorum of the board of directors from being assembled.[7]
  • Officers: Appointed by the board of directors or in the certificate of incorporation.[8]
  • Meetings: Shareholders must hold at least one meeting per year at a fixed time mentioned in the certificate of incorporation or bylaws.[9]
  • Quorum: Consists of a majority of the number of directors unless otherwise specified in the bylaws or certificate of incorporation.[10] A quorum cannot consist of less than one-third of the board of directors.[11]

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