Under the RMBCA, the Bylaws May Be Amended and Must

question 52

True/False

Under the RMBCA, the bylaws may be amended and must be publicly filed with the articles of incorporation.

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Definitions:

Common Carriage

The public transportation of goods or persons where the carrier offers services to the public under license or authority.

Bailments

A legal relationship in which physical possession of personal property is transferred from one person to another under agreement that the property will be returned or otherwise disposed of according to the owner's directions.

Innkeepers

Individuals or entities that operate lodging facilities, such as hotels or inns, and are responsible for the safety and well-being of their guests.

Liability

A legal responsibility or obligation that may arise from any act or failure to act.