What provisions are typically included in the bylaws of a corporation?

Bylaws serve as the internal governing document for a corporation, including community associations. They outline how the organization will conduct its business and manage its affairs. Provisions related to meetings are a fundamental aspect of bylaws, as they ensure structured governance and proper decision-making. This includes specifying the timing and frequency of annual meetings, the procedure for calling special meetings, and guidelines for board meetings. These provisions help ensure that all members have a voice in governance and that the board operates transparently.

The other options do relate to corporate operations but are typically found outside of bylaws. Financial audits and budget approvals are often part of operational procedures rather than governance structure. Employee conduct and disciplinary action would usually fall under human resources policies rather than governance documents. Property management and maintenance schedules are more operational and would be detailed in management agreements or policies specific to property management rather than in the governing bylaws of a corporation.