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 ?
THEREFORE, BE IT RESOLVED that the NANB By-laws be amended to confer to Life Members the same rights and privileges as Non-Practising Members.
By-law 7 of the ITF Constitution stipulates that the ITF Board of Directors may investigate or bring a complaint against a national association for 'apparent breach of the Constitution or failure to represent the game of tennis adequately.
If so, it is a big wonder how Salo's group could claim to have any legal basis for creating a board of trustees peopled with his handpicked nominees, when under the party's extant constitution and by-laws, it does not exist.
The new by-law eases the restrictions on registering travel agencies by reducing their required capital from JD45,000 to JD5,000 in order to encourage investments in the tourism sector.
In particular, Article 9-13 of Book Eleven of the By-laws provides that where the creditor or mortgagee is a bank or financial institution and the debtor or mortgagor is a professional client, the parties may enter into an agreement at the time of concluding the pledge contract or at a later date to give the creditor or mortgagor the right to acquire or sell the pledged asset in the event of the debtor's breach of its obligations.
I acknowledge there are principled objections to reliance on the Indian Act by-laws as the source of self-government powers.
The property is already in contravention of the estate's by-laws. (Were the current owners responsible for that?) 2.
(NYSE: LVLT) said its board of directors has amended the company's by-laws to implement majority voting for the election of directors and provide stockholders with the right of proxy access for director nominations, among other amendments.
You can imagine my disgust, and also the disgust of other visitors to Barry Island when witnessing the following abuse of the councils by-laws.
AN INTERESTING case following the conversion of a large dwelling house in Alexandra Road, New Brighton, into flats was heard at Wallasey today before Mr John Joyce, Dr Banks and Mr Ward Platt, when James Taylor, who has a five years' who has a five years' ' lease of the premises, was summoned in regard to 12 alleged breaches of the Corporation by-laws.
The State Council has requested that the Ministry of Petroleum review the mineral resources law, amend various items, and set an upper limit for the financial categories that will be specified in the by-laws following approval, said Fekry Youssef, undersecretary of the Ministry of Petroleum.
* This year, Macedonia plans to pass a total of 174 legal acts aligned with the legislation of the Eu-ropean Union, 57 of which are laws and 117 by-laws. The Secretariat for European Affairs in-formed that from 2006 to September last year, a total of 1,237 legal acts were aligned with the EU acquis, 365 of which were laws and 922 by-laws.