The rules and regulations enacted by an association or a corporation to provide a framework for its operation and management. Bylaws may specify the qualifications, rights, and liabilities of membership, and the powers, duties, and grounds for the dissolution of an organization. ...
Legal and regulatory changes:Changes in laws or regulations might require bylaw adjustments to maintain compliance and avoid legal issues. Shareholder or board initiatives:Shareholders or board members might propose changes to improve governance, address issues, or refine the company’s direction. Changes...
“Club” means the Corporation that has passed these By-laws under the Act or that is deemed to have passed these By-laws under the Act; “Director” means an individual occupying the position of Director of the Club by whatever name he or she is called; ...
The parties shall take or cause to be taken all lawful action necessary to ensure at all times as of and following the Closing Date that the certificate of incorporation and by-laws of Parent are not inconsistent with the provisions of this agreement or the transactions contemplated hereby. ...
This series is designed to offer principles of broad applicability, but laws vary by state, and what is best for your organization will depend on your unique circumstances. We encourage you to consult with an attorney who practices law in the state of your organization’s incorporation. This se...
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Bylaw 3: PURPOSES SR. 3.1: 501(c)(4) Nonprofit Status RT4 is a nonprofit corporation within the meaning of Internal Revenue Code Section 501(c)(4) and is organized under Chapter 180 of the Massachusetts General Laws. SR. 3.2: Purposes of RT4 The purposes of RT4 are: (i) Educating th...
regardless of whether any such filing is required pursuant to the proxy rules of the SEC or whether any exemption from filing is available for such solicitation pursuant to the proxy rules of the SEC, and (4) comply with all other applicable laws, rules, regulations and listing standards with...
Seller will not amend in any material respect Seller Charter or Seller By-laws, nor will it permit the Acquired Subsidiary to amend its certificate of incorporation or by-laws or comparable organizational documents. Seller is not in violation of the Seller Charter andSeller Bylawsin any material ...
1. These By-Laws shall be established and adopted by MRHA, Inc. for its own government and that of its members, trustees, and officers. 2. These By-Laws may be amended by a two-thirds majority vote of those members in attendance at the Annual Meeting of Members, or by special mail...