10-33-26. Bylaws

10-33-26. Bylaws 1. A corporation may, but need not, have bylaws. Bylaws may contain any provision relating to the management or regulation of the affairs of the corporation consistent with law or the articles, including: a. The number of directors, and the qualifications, manner of election, powers, duties, and compensation, if any, of directors; b. The qualifications of members; c. Different classes of membership; d. The manner of admission, withdrawal, suspension, and expulsion of members; e. Property, voting, and other rights and privileges of members; f. The appointment and authority of committees; g. The appointment or election, duties, compensation, and tenure of officers; h. The time, place, and manner of calling, conducting, and giving notice of member, board, and committee meetings, or of conducting mail ballots; i. The making of reports and financial statements to members; or j. The number establishing a quorum for meetings of members and the board. 2. Unless reserved by the articles to members with voting rights, initial bylaws may be adopted by a majority of the incorporators or by the first board pursuant to section