Corporate bylaws govern a Wisconsin corporation’s internal operations. They are generally drafted by an attorney before a company’s initial incorporation. While a company’s articles of incorporation are filed with the Wisconsin Department of Financial Institutions (FDI), the bylaws are an internal legal document governing important aspects of how the company is run and are not filed with the FDI. Although Wisconsin business law does not require bylaws, they contain important company policies and can prevent conflict and litigation by laying out a corporation’s ground rules. However, sometimes in the course of business, a company’s needs will change and necessitate the assistance of a Wisconsin business attorney to amend the bylaws.

What Types of Business Changes May Require Amending Wisconsin Corporate Bylaws? 

Wisconsin corporate bylaws include information on how a corporation governs itself, including details about meetings, corporate stock, shareholders, directors and officers, and records. The types of bylaw amendments that a corporation may make will vary depending on the terms of the original bylaws. For example, bylaws should contain information on officers’ authorities, duties, compensation, and terms. Changes in an officer’s duties may also necessitate amending the bylaws, repealing bylaws, or adopting new bylaws.