A limited cooperative association, by the affirmative vote of a majority of the board of directors taken at a meeting for which the purpose is stated in the notice of the meeting, may adopt restated articles of organization that contain the original articles as previously amended. Restated articles may contain amendments if the restated articles are adopted in the same manner and with the same vote as required for amendments to the articles under § 29-1004.05(a). Upon filing, restated articles shall supersede the existing articles and all amendments.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
Uniform Law: This section is based on § 406 of the Uniform Limited Cooperative Association Act.
Structure District of Columbia Code
Title 29 - Business Organizations. [Enacted title]
Chapter 10 - Limited Cooperative Associations
Subchapter IV - Amendment of Organic Rules of Limited Cooperative Association
§ 29–1004.01. Authority to amend organic rules
§ 29–1004.02. Notice and action on amendment of organic rules
§ 29–1004.03. Method of voting on amendment of organic rules
§ 29–1004.04. Voting by district, class, or voting group
§ 29–1004.05. Approval of amendment
§ 29–1004.06. Restated articles of organization
§ 29–1004.07. Amendment or restatement of articles of organization; filing