question.jpgIn Business Law

What is the document that governs how a corporation operates?

While the articles of incorporation create the corporation, it is not the document that contains the details about how the corporation is to be run and operated. That document is a separate and longer one, generally known as the corporate bylaws. By way of comparison, the document that provides for how a partnership is to be managed is known as the partnership agreement and the similar document for an LLC is the LLC operating agreement.