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A statute is a public law passed by the legislature.

Bylaws are rules that lay down the internal rules of a corporation - they typically state the rights, duties and liabilities of the members of the corporation, as well as the rules relating to transferring and selling shares.

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What is the difference between will and shall in legal bylaws?

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What is the difference between by-laws and bylaws?

They are actually the same, these are just other names for them.


What is the difference between mandatory and directory statutes?

directory and mandatory


Who requires shareholder meetings?

State statutes and corporation bylaws require annual shareholder meetings


What is the difference between revised statutes of Ontario and revised statutes of Canada?

The revised statutes of Ontario apply only to the citizens of Ontario, whereas the revised statutes of Canada apply to all citizens of Canada, Ontario included.


What is the difference between statutes and laws?

There is no difference, they mean essentially the same thing. Statutes, are laws enacted by a legislature or other governing body. The written statutes govern resolving the disputes they address in many cases, rather than case law or judge-made law, constitutional law, contract law, etc


What is the difference between strict construction and broad construction?

Strict construction takes a narrow view of laws, statutes, and the constitution. Broad construction takes a broad view of laws, statutes, and the constitution.


What are the difference between national laws and bylaws?

National laws are laws that are passed by a country's federal government and apply to the entire country. Bylaws are local laws or regulations set by smaller, local governing bodies such as cities or towns. While national laws are binding across the country, bylaws only apply within the jurisdiction of the specific local government that created them.


What is the difference between ethics and statutes?

Statutes are written in law and are prohibitions which must be adhered to or you are committing an offence.Ethics is a voluntary code, freely entered into, which are accepted rules, morals and mores of a group, tribe or culture


Differences between penal law and criminal law?

There is very little or no difference between states that call their statutes the Penal Code, and the states that call them the Criminal Code.


Can a shareholder inspect the books?

Corporate statutes, charters and bylaws often require the "right of inspection" by bona fide shareholders, absent nefarious intent (e.g., misappropriation of trade secrets).


Is there a difference between an ordinance and a by-law of a municipal government?

Bylaws generally govern the lawmaking body itself and serve as internal rules. An ordinance, however, is a local law imposed in the entire jurisdiction.