RS 219 - Bylaws
A. Except as specifically provided in this Chapter and unless the articles provide otherwise, the board of directors of a state bank may make and alter bylaws, including bylaws fixing directors' qualifications, number or term of office, or fixing their compensation, subject to the power of the stockholders to change or repeal any bylaws so made.
B. The bylaws may contain any provision relating to the business of the state bank, the conduct of its affairs, its rights or powers, or the rights or powers of its stockholders, directors, or officers not inconsistent with law or the articles.
C. No person not an officer or director, dealing with the state bank, shall be charged with constructive notice of the bylaws.
Acts 1984, No. 719, §1, eff. Jan. 1, 1985.