{"data":{"id":"us-dc/d.c.-code-29-921","jurisdiction":"us-dc","citation":"D.C. Code § 29-921","heading":"Referendum on acts of directors.","body":"The articles or bylaws may provide that, within a specified period of time, any action taken by the directors shall be referred to the members for approval or disapproval if demanded by petition of at least 10% of all the members or by vote of at least a majority of the directors; provided, that the rights of third parties which have vested between the time of such action and such referendum shall not be impaired thereby.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 9. General Cooperative Associations."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-921","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"45dd6d04e8a6ced5debaf46ef442d2f5c80dba3ea5355d37f8f31116ec9b9881","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-920","next":"us-dc/d.c.-code-29-922"},"notice":"GroundRules: Original legal text. Not legal advice."}