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.
Some states may also require you to file bylaws and report changes. To find sample bylaws, please see the resources below, or try an Internet search for ânonprofit bylawsâ plus word(s) that describe your nonprofit (e.g., youth, environment, church). For example, âchurch nonprofit bylawsâ.