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.
Corporate Resolutions vs. Bylaws. Corporate bylaws are governance documents. They lay the foundation for how the corporation is run. Bylaws include information about director elections, director numbers, term lengths, the definition of a quorum and removal of directors.orporate Resolutions vs. Bylaws. Corporate bylaws are governance documents. They lay the foundation for how the corporation is run. Bylaws include information about director elections, director numbers, term lengths, the definition of a quorum and removal of directors.