I've read through the by-laws and boiled down the most relevant sections for us below:
Article VII - Section 1, 2, 3:
We need to submit a list of members, a list of our Board of Directors (minimum of 3, including President, VP, and Secretary / Treasurer), and documentation of that BOD's election along with a list of our ByLaws (if they differ from the
by-laws). We also have to provide the specific geographic area we cover (should be obvious, here.)
We will need to have a chapter treasury-which I'm assuming would be a bank account accessible by the 3 primary members of the BOD-that we use to track all expenses and reimbursements from National to Chapter and vice-versa.
We will need to designate a single individual on the BOD as the Chapter representative to the national BOD for issues affecting chapters. They have limited rights on the national BOD and are there as a sounding board, more than anything, it appears.
Article IX - Events
Any official event (one that dips into the treasury, I imagine) requires the presence of at least 1 Chapter BOD member. I won't go into much detail on the rest of the event by-laws, but suffice to say they should be read over to make sure we agree with the restrictions (number of guests, Trailmaster, etc.) They are mostly related to safety and trail condition issues.
Lastly, there is a list of required gear thats pretty sparse and pretty self-explanatory.