A corporation established under this chapter may adopt bylaws for the proper management of its affairs, and may establish regulations controlling the assignment and transfer of its shares. The first set of bylaws shall be adopted at the organizational meeting, as provided in § 1515 of this title, but thereafter the power to make, alter or repeal bylaws shall be in the stockholders provided that any corporation may, in the articles of association, confer that power upon the directors.
Structure Delaware Code
Chapter 15. CREDIT CARD INSTITUTIONS
Subchapter III. Conduct of Internal Corporate Affairs
§ 1532. Stockholders' meetings.
§ 1533. Voting rights of stockholders.
§ 1535. Stockholders' liability.
§ 1537. Amendment of charter or certificate of incorporation.