bylaw

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bylaw

, bye-law
1. a rule made by a local authority for the regulation of its affairs or management of the area it governs
2. a regulation of a company, society, etc.
3. a subsidiary law
References in periodicals archive ?
At the threshold, bylaws enacted in circumstances where the board of directors is inherently self-interested should be governed by the Unocal standard of review, which is an exception to the traditional business judgment rule.
(74) This approach presents significant challenges for interpreting Indian Act by-laws as authorizing bylaws on essential services.
She said the bylaws needed to be updated to match the town's recently changed charter, which left outdated bylaws dealing with the defunct highway surveyor position, cemetery commission and executive secretary, with no bylaws concerning the new Department of Public Works.
The court held that no principle of common law prohibits directors from enacting fee-shifting bylaws and that because contracting parties may modify the "American Rule" under which litigants pay their owns costs to provide that "loser pays," a fee-shifting bylaw (bylaws being "contracts among a corporation's shareholders") would be a permissible contractual exception to the American Rule.
The Bylaws Clean-up proposal consists of small corrections and clarifications of wording and formatting throughout the entire Bylaws.
The new bylaws cancel the system of evaluating educational performance on the basis of success in the intermediate and secondary classes.
Our existing constitution and bylaws were originally approved by the membership in 1984 with the last revision approved September 2010.
The bylaw amendments were made in connection with the company's listing on NASDAQ on September 10, 2013.
He claimed that the Muslim Brotherhood students who drafted the 2012 bylaws added this article to complicate the process of amending the bylaws.
Delegates to the 2013 MNA Convention will received notice of the specific bylaws changes and will have access to review the bylaw proposals electronically 30 days prior to convention as per current bylaws language.
The deputy governor of the central bank of Indonesia, Ronald Waas, inaugurated the implementation of the National Inter Bank Money Transactions (TUKAB) bylaws.
Suggested changes have been exchanged back and forth between the Board and the Bylaws Committee to ensure that the appropriate steps are being taken within the established checks and balances, and also to promote robust and honest discussion about these proposals before they are presented to the membership.