What Ought To Be In An Organization’s Bylaws
“Bylaws are the internal governance rules of a group of people who have organized for a common goal. Bylaws are a necessity for a nonprofit corporation because the IRS requires a charity to submit its internal governance documents as part of the tax exemption application.”
This report highlights the core components of an organization’s bylaws, including composition of the governing body, length of a director’s term, and voting procedures. Notes that bylaws must be both technically correct and practical.