Create bylaws tailored for single-owner businesses with this customizable Printable Single Owner Bylaws Template from Template.net. Editable in our Ai Editor Tool, this template provides a straightforward structure that is legally compliant, ensuring your business governance is well-documented and suited to the unique needs of single ownership. Get it immediately!
The name of the entity is [Your Company Name] (the “Company”). The purpose of the Company is to engage in any lawful act or activity for which a company may be organized under the laws of [State/Country].
Article II: Principal Office
The principal office of the Company is located at [Your Company Address]. The Company may change its principal office from time to time as determined by the Owner.
Article III: Ownership
This Company is a single-member entity, wholly owned by [Your Name] (the “Owner”).
Article IV: Management
The Company shall be managed by the Owner. The Owner shall have full and complete authority, power, and discretion to manage and control the business, affairs, and properties of the Company. The Owner may delegate any such authority at their discretion.
Article V: Capital Contributions
The Owner has contributed to the Company such initial capital as is listed on the Company’s books and records. The Owner is not required to make any additional capital contributions to the Company.
Article VI: Distributions
Distributions of the Company's assets shall be made to the Owner at such times and in such amounts as determined by the Owner, subject to the requirements of applicable law.
Article VII: Fiscal Year
The fiscal year of the Company shall end on [Fiscal Year End Date].
Article VIII: Amendments
The Owner has the sole authority to adopt, alter, amend, or repeal these Bylaws. Any such actions must be documented in writing and maintained with the Company’s records.
