Bylaws are not typically considered a binding legal contract in the same way that a traditional contract is. Instead, they serve as internal rules and guidelines for an organization, such as a corporation or nonprofit, governing its operations and management. While bylaws are enforceable within the organization and can be upheld in court, they primarily establish the framework for how the entity functions rather than constituting a contract between parties. However, members or stakeholders may have a legal obligation to adhere to the bylaws if they are part of the organization.
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