Define: Bylaws

UK Accounting Glossary

Definition: Bylaws


Quick Summary of Bylaws


a rule adopted by an organization in order to regulate its own affairs and the behavior of its members



What is the dictionary definition of Bylaws?

Dictionary Definition


  1. A local custom or law of a settlement or district.
  2. A rule made by a local authority to regulate its own affairs.
  3. A law or rule governing the internal affairs of an organization (e.g., corporation or business).

Advertisement



Full Definition of Bylaws


Bylaws are the rules and regulations adopted by a corporation for its internal governance. It usually contains provisions relating to shareholders, directors, officers and general corporate business. At the corporation’s initial meeting the bylaws are adopted. Bylaws are a private document not filed with any state authority. Bylaws are more flexible than the articles of incorporation because they are easier to amend.


Advertisement




Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/bylaws/
Modern Language Association (MLA):
Bylaws. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 04, 2020 https://payrollheaven.com/define/bylaws/.
Chicago Manual of Style (CMS):
Bylaws. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/bylaws/ (accessed: April 04, 2020).
American Psychological Association (APA):
Bylaws. PayrollHeaven.com. Retrieved April 04, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/bylaws/

Definition Sources


Definitions for Bylaws are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 25th March 2020.