Bylaws and Records

Bylaws are a set of rules and regulations that govern how an organization operates. They outline the responsibilities of directors, officers, and shareholders, and how the organization makes decisions. 

What do bylaws include? 

• Meeting rules

• Voting procedures

• Officer positions and responsibilities

• Organizational structure

• Decision-making process

• Membership definition

• Financial guidelines

• Amendment process

Who creates bylaws?  

The board of directors of a company and the committee of an association.  

Why are bylaws important?

• Bylaws are legally binding, and officers, directors, and shareholders can face legal consequences for not following them. 

• Bylaws ensure that the organization operates smoothly and in accordance with its rules. 

The importance of keeping record:

Keeping records of family matters can be important for a variety of reasons, finances, legal matters, and preserving family history 

Preserving family history

• You can preserve family memories and experiences for future generations 

• You can learn about your family dynamics and better understand your family's behavior 

• You can deepen your roots and pass them on to future generations