What legal document outlines governance and operational protocols for a condominium corporation?

The reason the correct answer is "Bylaws" is that bylaws serve as a critical legal document that outlines the governance and operational protocols for a condominium corporation. They establish the rules and regulations governing the internal affairs of the condominium, including the rights and responsibilities of unit owners, the procedures for meetings, voting, and the management of common elements.

Bylaws also delineate the authority of the board of directors and can cover various aspects of condominium living, such as maintenance obligations, restrictions on the use of units, and the assessment of fees. Essentially, bylaws provide the framework for how the condominium operates on a day-to-day basis and ensure that all owners understand the rules that govern their community.

While a constitution may define the general principles and structure of an organization, it is not specific to the governance of a condominium. The declaration, although important, primarily focuses on the creation of the condominium and the properties included in it, rather than detailing the operational practices. Corporate policy typically refers to internal guidelines adopted by an organization's management and is not a legally binding document regarding governance in the same way that bylaws are.