Definition - What does Bylaws mean?
Bylaws are rules that an organization makes in order to regulate the actions of its members. The organization could be a governing body, a company, or any other group that wishes to enact rules that create standards of conduct for its members. Bylaws only apply to the members of the particular group.
Justipedia explains Bylaws
The purpose of bylaws is to make sure that all of the members of the organization are aware of the expectations that the organization has for conduct. All members of the company, or association, etc., are expected to follow the rules outlined by the bylaws. Bylaws frequently include things such as rules for meetings, elections, outlines of responsibilities and duties for members, and regulations for other conduct. There can be punishment for those in the group who do not follow the bylaws