Governing Body
/ˈɡʌvərnɪŋ ˈbɒdi/
Definitions
- (n.) An authorized group or assembly that has ultimate authority to control and manage an organization, institution, or corporation.
The governing body of the nonprofit approved the annual budget.
- (n.) A legally recognized entity empowered to enact bylaws, policies, and oversee compliance within a specific jurisdiction or organization.
The governing body passed new regulations affecting corporate governance.
Forms
- governing bodies
Related terms
See also
Commentary
The term typically refers to the highest decision-making group within an entity, and clarity about its composition and powers is crucial in legal documents.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.