ï Bank-Owned Life Insurance (BOLI) is a special type of life insurance where the Bank is the owner and beneficiary of the policy. ï BOLI is an asset of the Bank and is normally funded with a single payment.
By-law. From Wikipedia, the free encyclopedia. (Redirected from Bylaw). A by-law (sometimes also spelled bylaw, by law or bye-law) is a rule or law established by an organization or community to regulate itself, as allowed or provided for by some higher authority.
Writing the Corporate Bylaws. A new corporation's bylaws are typically created by the person (or persons) who initiated the incorporation process (called the incorporator), or they may be written (or formally adopted) by the new corporation's board of directors, as one of the board's first actions.