By-laws describe the agreed rules governing the operations of the Professional Corporation.
By-laws describe the agreed rules governing the operations of the Professional Corporation.
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Bylaws is spelled both with and without a hyphen. For example, Black's Law Dictionary gives a definition for bylaw but notes that it's sometimes spelled by-law.
Statement of Purpose The corporate bylaws should include a statement of the company's purpose. A written statement of purpose allows current and future managers, officers and directors to learn the reason the company was founded, as well as the objective of any future endeavors.
Common Sections to Include in Your Nonprofit Bylaws Name of Organization. Start with your nonprofit's name and purpose. ... Membership. Outline the details around membership in your nonprofit. ... Meeting Guidelines. ... Officers. ... Indemnification of Board Members. ... Books and Records. ... Amendments. ... Dissolution.
10 steps for writing bylaws for an association Research. Form a committee. Create the structure. Outline your organization's key roles and responsibilities. Establish your meeting rules. Define your membership. Address finances. Outline the amendment process.
Both ?bylaws? and ?by-laws? are correct, but the trend has shifted towards using ?bylaws? without a hyphen. It is important to avoid the incorrect spelling of ?by laws? which changes the meaning of the phrase.