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In general terms, the principals of a corporation are the owners or investors, referred to as shareholders or stockholders. The agents of the corporation are generally considered to be the board of directors, officers or other persons the corporation authorizes to act on its behalf.
As already mentioned, the bylaws are the meat and potatoes of a corporation. The bylaws set how the corporation runs on a day-to-day basis. Here is a simple way to remember the differences between the bylaws and the articles of incorporation.