bylaws n. the written rules for the conduct of a corporation, association, partnership or any organization. They should not be confused with the Articles of Corporation which only state the basic outline of the company, including stock structure. Bylaws generally provide for meetings, elections of a board of directors and officers, filling vacancies, notices, types, and duties of officers, committees, assessments and other routine conduct. Bylaws are, in effect a contract among members, and must be formally adopted and/or amended.
The Bylaws of the Nevada State Apartment Association are written to give the best possible experience to all of its members.
The purpose of Bylaws is to direct the inner-workings of an association. In other words, the bylaws set forth the day-to-day functions of an association. Make sure that you do not confuse bylaws with laws. Non-sovereign bodies like associations pass bylaws, while sovereignties pass actual laws. A sovereign is a supreme lawmaking body like a country or state (e.g. a country like the United States or a state like Nevada). Non-sovereign bodies, like associations, get their power to pass rules from the sovereign in which they operate. For example, an association that forms bylaws in Nevada must follow the federal law of the United States because it’s a sovereign nation, and the association must also follow Nevada state law because it is a sovereign state.
NVSAA’s nonprofit’s bylaws are both a legal document and a roadmap for our organization’s actions. Tthe ownership of a nonprofit corporation belongs to the public (its members) as represented by the nonprofit organization’s governing body, usually a Board of Directors.
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