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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 29-1005.14: Voting requirements for members.

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Where this section sits in the code
  1. Title 29. Business Organizations. [Enacted title]
  2. Chapter 10. Limited Cooperative Associations.
  3. Subchapter V. Members.

If a limited cooperative association has both patron and investor members, the following rules shall apply:

(1)

The total voting power of all patron members shall not be less than a majority of the entire voting power entitled to vote.

(2)

Action on any matter shall be approved only upon the affirmative vote of at least a majority of:

(A)

All members voting at the meeting unless more than a majority is required by subchapters IV, XII, XIV, or XV of this chapter or the organic rules; and

(B)

Votes cast by patron members unless the organic rules require a larger affirmative vote by patron members.

(3)

The organic rules may provide for the percentage of the affirmative votes that must be cast by investor members to approve the matter.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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