Current through codified legislation effective October 30, 2024
Section 29-1008.07 - Removal of directorUnless the organic rules otherwise provide, the following rules shall apply:
(1) Members may remove a director with or without cause.(2) A member or members holding at least 10% of the total voting power entitled to be voted in the election of a director may demand removal of the director by one or more signed petitions submitted to the officer of the limited cooperative association charged with keeping its records.(3) Upon receipt of a petition for removal of a director, an officer of the association or the board of directors shall:(A) Call a special meeting of members to be held not later than 90 days after receipt of the petition by the association; and(B) Mail or otherwise transmit or deliver in a record to the members entitled to vote on the removal, and to the director to be removed, notice of the meeting which complies with § 29-1005.08.(4) A director shall be removed if the votes in favor of removal are equal to or greater than the votes required to elect the director. July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.Uniform Law: This section is based on § ,807 of the Uniform Limited Cooperative Association Act. Edition