(a) Unless the organic rules require that action be taken only at a members meeting, any action that may be taken by the members may be taken without a meeting if each member entitled to vote on the action consents in a record to the action.
(b) Consent under subsection (a) of this section may be withdrawn by a member in a record at any time before the limited cooperative association receives a consent from each member entitled to vote.
(c) Consent to any action may specify the effective date or time of the action.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
This section is referenced in § 29-1008.04.
Uniform Law: This section is based on § 516 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