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BOARD OF DIRECTORS HANDBOOKBYLAWS AND OPERATING POLICIESRevised as of November, 2017The Drake Group September, 2016Table of Contents 1.0Mission, Goals and Objectives 1.1 Vision, Values, Mission, Goals
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Begin by including a title and a preamble that states the purpose and goals of the organization.
02
Next, include sections that outline the structure and governance of the organization, including roles and responsibilities of members, officers, and the board of directors.
03
Include provisions for amending the bylaws, including the process for making changes and the required majority vote for approval.
04
Specify the procedures for meetings, including regular meetings, special meetings, and the process for voting on issues.
05
Outline the financial policies and procedures, including budgeting, fundraising, and financial reporting.
06
Include any specific rules or requirements related to membership, including eligibility, dues, and responsibilities.
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Be sure to review all applicable laws and regulations to ensure compliance in your bylaws and operating policies.
08
Finally, distribute the completed bylaws and operating policies to all members and stakeholders for their review and understanding.

Who needs bylaws and operating policies?

01
Bylaws and operating policies are needed by any organization or group that wishes to establish a clear structure and set of rules for its members.
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This may include nonprofit organizations, corporations, homeowner associations, clubs, and other formal groups.
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Bylaws and operating policies help ensure fairness, consistency, and accountability within an organization, and provide a framework for decision-making and dispute resolution.
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They are also often required by law for certain types of organizations, such as nonprofits seeking tax-exempt status.
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Bylaws are rules and regulations that govern the internal operations of a corporation or organization, while operating policies are specific guidelines for carrying out the bylaws.
Corporations and organizations are required to file their bylaws and operating policies with the appropriate regulatory bodies.
Bylaws and operating policies can be filled out by consulting with legal counsel or using templates available online, and ensuring all necessary information is included.
The purpose of bylaws and operating policies is to provide a framework for the governance and management of a corporation or organization.
Bylaws and operating policies must include information on organizational structure, decision-making processes, membership requirements, and dispute resolution mechanisms.
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