If the organic rules provide for investor members, each investor member shall have one vote, unless the organic rules otherwise provide. The organic rules may provide for the allocation of investor member voting power by class, classes, or any combination of classes.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
Uniform Law: This section is based on § 513 of the Uniform Limited Cooperative Association Act.
Structure District of Columbia Code
Title 29 - Business Organizations. [Enacted title]
Chapter 10 - Limited Cooperative Associations
§ 29–1005.03. No agency power of member as member
§ 29–1005.04. Liability of members and managers
§ 29–1005.05. Right of member and former member to information
§ 29–1005.06. Annual meeting of members
§ 29–1005.07. Special meeting of members
§ 29–1005.08. Notice of members meeting
§ 29–1005.09. Waiver of members meeting notice
§ 29–1005.10. Quorum of members
§ 29–1005.11. Voting by patron members
§ 29–1005.12. Determination of voting power of patron member
§ 29–1005.13. Voting by investor members
§ 29–1005.14. Voting requirements for members
§ 29–1005.15. Manner of voting