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.