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What is the difference between bylaws and policies?
The bylaws describe the organizational structure and how decisions are made. Bylaws are usually only changed by the vote of the faculty. Policies define what is allowed and not allowed, including the rules or parameters governing decision-making. They describe why things are done the way they are done.
Should policies be in bylaws?
Bylaws should provide specific authority of the board to adopt policies, identify provisions for adoption and the vote required for adoption or amendment. Policies reflect the tenets of the board on which current and future decisions are made.
What is the purpose of the bylaws?
Unlike employee guidelines, bylaws pertain to board-level decisions and actions about the day-to-day running of the business. Think of them as legal guidelines for your business, any action that violates them could be challenged in court.
What are the differences between laws and policies?
Laws and policies often interrelate, but they have different purposes. A law is an established procedure, standard, or system of rules that members of a society must follow. A policy is a decision or set of decisions meant to address a long-term purpose or problem.
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Each person may submit no more than one proposal, directly or indirectly, to a company for a particular shareholders meeting. A person may not rely on the
The board of directors may adopt rules for the government of any committee not inconsistent with the provisions of these bylaws. ARTICLE V. OFFICERS. SECTION 1.
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