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Letter B
business

Bylaws

Rules adopted by a corporation or organization governing its internal affairs, including procedures for meetings, elections, and management.

Encyclopedia entry: Bylaws

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bylaws

Bylaws are a type of governing document containing the rules adopted by a corporationassociation , or other organization to regulate its internal management and operations. Bylaws typically govern matters such as meetings, elections of directors , officer responsibilities, and procedures for dissolution . In another context, a bylaw is a local regulation enacted by a municipality .

[Last reviewed in August of 2025 by the Wex Definitions Team

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Encyclopedia content from Cornell LII Wex (CC-BY-NC-SA 2.5).

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.