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Ottawa Bicycle Club Policy #17Approved 9 August 2021 SponsorshipDefinition: Sponsorship is a business relationship between two organizations. In this case it is between the OBC and traditionally corporations,
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What is by-laws and policies?
By-laws are rules and regulations established by an organization to govern its internal operations. Policies are guidelines and principles set by an organization to achieve its goals and objectives.
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Organizations, businesses, and other entities are required to file their by-laws and policies.
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By-laws and policies can be filled out by consulting legal counsel, reviewing templates, and customizing them to fit the specific needs of the organization.
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The purpose of by-laws and policies is to provide a framework for decision-making, establish standards of conduct, and ensure compliance with laws and regulations.
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By-laws and policies must include information on organizational structure, decision-making processes, roles and responsibilities, and procedures for conflict resolution.
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