What are Bylaws and why are they required?
Nonprofit Board of Directors who adhere to, review, and revise their Bylaws are exercising good governance.
How a Nonprofit Board of Directors is governed is determined by its Bylaws.
A Nonprofit’s Board Of Directors Bylaws are considered a legal document that dictates how the organization must be governed.
A court of law will side with your Bylaws in any dispute.
Your bylaws should deal with only the highest level of governing issues such as:
Organizational purpose, board structure, officer position descriptions and responsibilities, terms of board service, officer/board member succession and removal, official meeting requirements, membership provisions, voting rights, conflict-of-interest policy,...
Board members are legally accountable for following their Bylaws. Failure by a board to follow the stipulations outlined in the bylaws can have devastating consequences.
Bylaws are not a policy and procedure manual but instead a governing guide.
Keep your Bylaws current and relevant to reflect current realities.
"Good governance establishes a foundation for good work"