Current through the 2024 Fourth Special Session
Section 16-16-516 - Action without a meeting(1) 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each member entitled to vote on the action consents in a record to the action.(2) Consent under Subsection (1) may be withdrawn by a member in a record at any time before the limited cooperative association receives a consent from each member entitled to vote.(3) Consent to any action may specify the effective date or time of the action.Enacted by Chapter 363, 2008 General Session.