23.100.0611  <<  23.100.0612 >>   23.100.0613

PDFRCW 23.100.0612

Action without meeting.

(1) 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.
(2) Consent under subsection (1) of this section may be withdrawn by a director in a record at any time before the limited cooperative association receives consent from all directors.
(3) A record of consent for any action under subsection (1) of this section may specify the effective date or time of the action.
[ 2019 c 37 s 612.]