Bylaws are the rules used by an organization for how it conducts business. Examples of the rules that may be included in the bylaws are:
The election of directors
The frequency and nature of board meetings
The types of committees of the board of directors
The types of officers
How the organization can be dissolved
Various corporation policies
Alterations to the bylaws require a vote of the shareholders or members of the organization. Bylaws are not filed with any government agencies.
Bylaws are different from the articles of incorporation of a business, which only state how the entity is structured. The articles must be filed with the state government in which an entity is incorporated.