Guest sdm24 Posted January 11, 2024 at 11:32 PM Report Posted January 11, 2024 at 11:32 PM Hello, everyone, I drafted bylaws for a corporation (corporation 2) using as a template bylaws that were drafted for another corporation (corporation 1); I inadvertently left in corporation 2's bylaws language that was specific to corporation 1's bylaws and this language is not only confusing but wholly inapplicable to corporation 2. Neither I nor the board noticed the two incorrect terms and the board went ahead and adopted and certified them. The bylaws have already been submitted to a tax authority and I suspect they will catch and be concerned about these errors. Can anyone provide me with advice as to the form of amending or correcting the bylaws due to a scrivener's error as opposed to a substantive change? Thank you! Quote
Joshua Katz Posted January 12, 2024 at 12:08 AM Report Posted January 12, 2024 at 12:08 AM On 1/11/2024 at 6:32 PM, Guest sdm24 said: Can anyone provide me with advice as to the form of amending or correcting the bylaws due to a scrivener's error as opposed to a substantive change? The process is the same. Quote
Gary Novosielski Posted January 12, 2024 at 03:06 AM Report Posted January 12, 2024 at 03:06 AM On 1/11/2024 at 6:32 PM, Guest sdm24 said: Hello, everyone, I drafted bylaws for a corporation (corporation 2) using as a template bylaws that were drafted for another corporation (corporation 1); I inadvertently left in corporation 2's bylaws language that was specific to corporation 1's bylaws and this language is not only confusing but wholly inapplicable to corporation 2. Neither I nor the board noticed the two incorrect terms and the board went ahead and adopted and certified them. The bylaws have already been submitted to a tax authority and I suspect they will catch and be concerned about these errors. Can anyone provide me with advice as to the form of amending or correcting the bylaws due to a scrivener's error as opposed to a substantive change? Thank you! Amending the bylaws requires following the process for bylaws amendment usually contained in the bylaws themselves. The change of so much as a single comma can be a substantive change, so there is only one amendment process for all changes. Quote
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