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.
charter. 1  a franchise or written grant of specified rights made by a government or ruler to a person, corporation, etc. 2  a document setting forth the aims and principles of a united group, as of nations. 3  a document by which a society authorizes the organization of a local chapter or lodge. 4  a special privilege or exemption.