11C V.S.A. § 516: Action without a meeting
Where this section sits in the code
- Title 11C: Mutual Benefit Enterprises
- Chapter 005: Members
(a) 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.
(b) Consent under subsection (a) of this section may be withdrawn by a member in a record at any time before the mutual benefit enterprise receives a consent from each member entitled to vote.
(c) Consent to any action may specify the effective date or time of the action.
Collected 2026-09-05T16:22:57Z. Source file · JSON