Bylaws

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Bylaws

Rules and practices that govern management of an organization.

Bylaws

Rules established by a company or other organization setting forth details on how it is to be organized. Bylaws do not set forth the basic structure of the company; this is done in the organization's charter. For example, a charter may indicate that the company or organization must have a board of directors, while its bylaws state how many directors there are to be and how often they are elected. Bylaws are approved by shareholders (or the equivalent in other organizations) and may be amended by them.

bylaws

Stockholder-approved rules governing the conduct of a business. Bylaws typically include rules concerning the election of directors, selection of auditors, and amendment of existing bylaws.

Bylaws.

Bylaws are the self-imposed rules governing an incorporated company. The bylaws cover details such as the structure of the company, what the company's goals are, and how often shareholders meet.

They also explain the voting process and how officers, committees, and board members are chosen. A company can put almost any provisions in its bylaws, as long as the rules don't break federal or local law.

bylaws

Regulations by which an organization conducts its governance activities. They typically provide for the timing and method of elections and regular meetings,number of directors and other officers, methods and notice necessary for special elections or meetings, number of votes required for different types of actions, establishment of standing committees, and a grant of authority to organize other committees,powers of the board,officers,and various committees.The developer of a subdivision or condominium project typically creates the first set of bylaws and appoints the initial board of directors.
References in periodicals archive ?
May 8, 2014), the Delaware Supreme Court, sitting en banc, held that a Delaware corporate bylaw that requires a losing claimant to pay the legal fees and expenses of the defendants is not invalid per se, and if otherwise enforceable can be enforced against losing claimants whether or not they were already stockholders when the relevant bylaw provision was adopted.
If accepted by members, adoption of this new document will not only make interpretations clearer, it will also address the legal requirement of member approval for the Bylaws document under which WILPF US functions.
With the implementation of the federal government's new Canada Not-For-Profit Corporations Act, CACCN must file articles of continuance and revised constitution and bylaws by no later than October 2014.
Several community petitions were undertaken and presented to council asking it to rescind its bylaw and allow the Choi headstone to remain the way it was, and at its current location.
The executive bylaws for the Civil Servcie Law stipulate a system for filling the vacant positions at the government units from among the employees working in those units.
4 of the bylaws may request that the suspension terminate or may request reinstatement if <begin strikethrough>a<end strikethrough> an order, judgment of conviction, <begin strikethrough>an order or finding of any court, or<end strikethrough> decision or action <begin strikethrough>an order of the governmental authority<end strikethrough> on which the suspension or <begin strikethrough>expulsion<end strikethrough> termination was based has been reversed or otherwise set aside or invalidated.
Hercules shareholders should be aware of these FACTS: * The Hercules Board attempted unsuccessfully to use the Company's often criticized, highly unusual, if not unique, election Bylaw to try and resist our proxy contest in 2001.
But this bylaw is no longer applicable since in some years there are no vacancies and a new Trustee cannot be elected.
When the policy was adopted last year, there were outstanding and unresolved Delaware corporate law issues that have since been resolved by legislative changes to the state's law The bylaw amendments approved by the board today formally adopt the majority vote standard in the election of directors into the company's governing documents.
TEMPLETON -- Voters at a special town meeting Thursday night approved a bylaw establishing sex offender residency restrictions.
When the 2012 American Nurses Association (ANA) House of Delegates adopted many of the "transformational" bylaws amendments and converted to a Membership Assembly, it was clearly recognized that there would be a need for GNA bylaw amendments in order to remain in agreement with ANA.
Learn more about the proposed Bylaw changes and the seven Reference Proposals that will be presented at the 2011 WNA Annual Meeting