The statutes of a nonprofit organization are internal rules that states how the organization and its basic structures are governed. The statutes create a framework for the operation of the organization and help to impose order on its procedures and decision-making.

Generally, statutes contain information of general appearance as the official name of the organization, its headquarters, and the purpose of the organization. Also contemplated as more specific issues:

  • The rights and privileges of members of a membership organization
  • The creation of committees and the scope and limitations of their authority
  • Financial matters such as auditing, compensation of trust in case of problems, and insurance for trustees and board members
  • Internal policies and procedures on conflicts of interest
  • The procedure to dispose of the assets of the organization to be dissolved

Download our statutes here