Financial Institutions, Inc.
Extract: Bylaws Amended/Restated (Plain English Desc) from a 8-K on 06/25/2019   Download
SEC Document
SEC Filing

On June 19, 2019, the Board of Directors (the “Board”) of Financial Institutions, Inc. (the “Company”) approved the amendment and restatement of the Company’s bylaws (the “Bylaws”), effective as of June 19, 2019. The amendments to the Bylaws include (1) enhancements of the governance structure of the Board by establishing a Vice Chair position to have the authority and perform the duties of the Chair, in the absence of the Chair, (2) increasing the Board’s flexibility in determining the role of the executive committee, (3) modernization of the Bylaws, and (4) ministerial and administrative updates.