§ 812. Action without meeting
(a) Unless prohibited by the organic rules, any action that may be taken by a board of directors may be taken without a meeting if each director consents in a record to the action.
(b) Consent under subsection (a) of this section may be withdrawn by a director in a record at any time before the mutual benefit enterprise receives consent from all directors.
(c) A record of consent for any action under subsection (a) of this section may specify the effective date or time of the action. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
Structure Vermont Statutes
Title 11C - Mutual Benefit Enterprises
Chapter 8 - Directors and Officers
§ 802. No liability as director for mutual benefit enterprise’s obligations
§ 803. Qualifications of directors
§ 804. Election of directors and composition of board
§ 806. Resignation of director
§ 808. Suspension of director by board
§ 810. Remuneration of directors
§ 814. Waiver of notice of meeting
§ 818. Standards of conduct and liability
§ 820. Other considerations of directors
§ 821. Right of director or committee member to information