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1. : a rule adopted by an organization chiefly for the government of its members and the regulation of its affairs. 2. : a local ordinance.
A by-law ( bye-law, by (e)law, by (e) law ), also known in the United States as bylaws, is a set of rules or law established by an organization or community so as to regulate itself, as allowed or provided for by some higher authority.
Mar 19, 2024 · Non-profits and other entities or organizations use bylaws as a formal and legally-recognized resource to identify the ways that the organization will work. For this reason, bylaws are extremely important. Bylaws are often considered the “operating manual” for an organization.
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Bylaws are most often used in companies to determine the rights and obligations of employees and organizations in a corporate body, and to regulate various matters such as holding meetings, causes of dissolution, etc. Bylaws provide a framework for the operation and management of an organization.
Jun 30, 2020 · The bylaws of a corporation are the governing rules by which the corporation operates, and the board of directors forms them. Learn more about how they work.
bylaws. n. the written rules for conduct of a corporation, association, partnership or any organization. They should not be confused with the Articles of Corporation which only state the basic outline of the company, including stock structure.
Aug 19, 2023 · What are ByLaws? Bylaws (or by-laws) are rules or regulations established by an organization or local community to govern its internal operations or local issues, deriving their legitimacy from a higher authority or primary legislation.
