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LSDefine

Simple English definitions for legal terms

bylaw

Read a random definition: proper lookout

A quick definition of bylaw:

Term: Bylaw

Definition: Bylaws are rules that a company or organization creates to manage how it operates. They help employees and organizations understand their rights and responsibilities within the company. Bylaws cover things like how meetings are held and what happens if the company dissolves. They provide a framework for how the organization is run. Bylaw can also refer to a local rule made by a city or town.

A more thorough explanation:

Definition: Bylaws are rules and regulations established by a company or organization for internal management. They are used to determine the rights and responsibilities of employees and organizations within a corporate body, and to regulate various matters such as holding meetings, causes of dissolution, etc. Bylaws provide a framework for the operation and management of an organization. Bylaw can also refer to a local regulation of a municipality.

  • A company's bylaws may outline the roles and responsibilities of its board of directors, the process for electing new board members, and the procedures for holding shareholder meetings.
  • A non-profit organization's bylaws may specify the qualifications for membership, the process for electing officers, and the rules for fundraising and financial management.
  • A municipality's bylaws may regulate things like noise levels, parking, and building codes.

These examples illustrate how bylaws are used to establish rules and procedures for various types of organizations. Bylaws help ensure that everyone within the organization understands their roles and responsibilities, and that the organization operates in a fair and transparent manner.

buyout agreement | bylaws

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RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
I've been UR since first/second week of Jan, no updates otherwise, is that a bad sign? At or above median LSAT and above 75th gpa.
The profile links are not working for me. anybody else?
13:18
i’m in the same boat mastermonkey but with lower stats. i hope i hear back by mid march
CheeseIsMyLoveLanguage
13:24
@mastermonkey45: Looking at some of the recent decisions in relation to when they went complete, I'd say it's a good sign. It seems many declines were sent within about 5-6 weeks of completion. Given those were applications that were SENT in January, I'd say that means you're still solidly in the running. :)
14:30
Sent an app to OSU in early december and have STILL not heard back
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