This By-Laws document contains the following information: the name and location of the corporation, the shareholders, and the duties of the officers.
Bylaws And Standing Rules In Virginia
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§ 13.1-624. The incorporators or board of directors of a corporation shall adopt initial bylaws for the corporation. B. The bylaws of a corporation may contain any provision that is not inconsistent with law or the articles of incorporation.
Corporate bylaws are legally required in Virginia. The law doesn't specify when bylaws must be adopted, but usually this happens at the organizational meeting.
An example of such a rule might be one setting the hour at which meetings are to begin, or one relating to the maintenance of a guest register. Standing rules generally are not adopted at the time a society is organized, but individually if and when the need arises." RONR (12th ed.)
Standing Rules can be compiled by an executive committee or board of directors and recommended for adoption. This set of rules is adopted by a majority vote at the beginning of a meeting. It is recommended that every member have a copy of the rules; the rules can be read so that everyone is very aware of each rule.
Standing rules are the rules an organization uses to administer its affairs under the provisions of its Bylaws. A well-‐organized and efficient PTA should have a written set of procedures for putting its Bylaws into effect.
Bylaws state when the meetings of the association are held. Standing rules tell where and what time association meetings are held, and when executive board meetings are held. Bylaws give the primary responsibilities of officers and chairmen. Standing rules give the specifics.