The amount of paperwork and documentation required to operate a business actually takes time away from running the business itself. So trusting a seasoned attorney to handle required paperwork and disclosures can be a sound investment.
Depending on the type of business entity, organization documents consist of either Articles of Incorporation or Articles or Organization, both filed with the State Corporation Commission.
Bylaws / Operating Agreements
Bylaws provide the governing structure for a corporation, whereas the Operating/Partnership Agreement used for a limited liability company or partnership is broader and incorporates restrictions between the members/partners.
Corporations rely on shareholder agreements to specify non-compete provisions, succession plans, buy-sell provisions, and dispute settlement provisions.