Can we draw the following hypothesis from the context? 

Context:

The port authority may establish a certain fashion of operation based on the bylaws that are in place now in the neighbouring municipality or jurisdiction and then all of a sudden, if that jurisdiction were to change its bylaws, it could cause the port authority to have to make substantial and profound changes in the way it operates.

Hypothesis: It is impossible for the port authority to change any manner of operation, according to its bylaws.
No