Business Leader and Non-Profit Startup Expert, Reveals the Importance of Bylaws.
Inspiring digital business leader and non-profit startup expert, Makarand Utpat provides a few key concepts to keep in mind when writing and/or reviewing a nonprofit organization’s bylaws.
Monmouth County, New Jersey – November 11, 2016— Makarand Utpat, non-profit startup expert and inspirational business leader, has posted a new article on his company website entitled, “Understand the Function of Nonprofit Bylaws.” They may not be the most exciting aspect of starting a nonprofit, but according to Mr. Utpat’s current article, bylaws may be the most important part of launching an organization.
Utpat writes, “When you start a nonprofit organization you are probably far more interested in the function of your organization within the community than making sure your organization is structured properly.” He continues adding, “However, you must have bylaws in place before you launch your organization.” Utpat states, “The bylaws serve the most important functions and will be extremely helpful when written correctly. You need bylaws in order to function within the law and to avoid disputes when they arise within your organization. And, believe me, disputes will arise.”
According to Utpat, “Your nonprofit bylaws provide the backbone of governance for your organizations and you will eventually come to understand the importance of this invaluable document.” He adds, “Once you’ve written your bylaws, don’t put them on the back burner and forget about them.” “Schedule at least a yearly review of your bylaws,” says Utpat, “to make sure they remain flexible to accommodate the organization’s function and to ensure that the organization is compliant with the law.”
Utpat provides several “key concepts to remember” he says, “as you are establishing or reviewing your bylaws.” According to Utpat, it’s important for the founding members of a nonprofit to “understand your state’s nonprofit corporation law.”
Utpat says, “A nonprofit organization is governed by its state of incorporation and the state’s statutes regarding nonprofits supersede any provision of the organization’s bylaws.” In addition, Utpat tells his readers to “ensure your bylaws are consistent with other regulatory documents.” For instance other state laws governing education or banking may come into play.
Read the entire article here: http://www.makarandutpat.com/understand-the-function-of-nonprofit-bylaws/
About Makarand Utpat
Makarand Utpat is a digital business leader with a track record of delivering long-lasting value and growth. Well respected by the peer community and subordinates, he has directed large-scale changes for reputed for-profit corporations and nonprofits with his combination of vision, solution oriented outlook, leadership, and technology. He is passionate about social causes and community giving. Makarand serves on the advisory boards of a number of nonprofits. He is also a blogger and a published author on leadership, team building, project management, and IT strategy. For more information, contact him at (201)-819-0894 or firstname.lastname@example.org or visit him at www.makarandutpat.com.