1. (a) Members shall meet annually at a time provided in the organic rules or set by the board of directors not inconsistent with the organic rules.
2. (b) An annual members meeting may be held inside or outside the District at the place stated in the organic rules or selected by the board of directors not inconsistent with the organic rules.
3. (c) Members may attend or conduct an annual members meeting through any means of communication if all members attending the meeting can communicate with each other during the meeting.
4. (d) The board of directors shall report, or cause to be reported, at the association’s annual members meeting the association’s business and financial condition as of the close of the most recent fiscal year.
5. (e) Unless the organic rules otherwise provide, the board of directors shall designate the presiding officer of the association’s annual members meeting.
6. (f) Failure to hold an annual members meeting shall not affect the validity of any action by the limited cooperative association.

History

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720

May 2, 2025, D.C. Law 25-324, § 303

Editor's Notes

Uniform Law: This section is based on § 506 of the Uniform Limited Cooperative Association Act.

Section References

This section is referenced in § 29-1001.09.

Emergency Legislation

For temporary (90 days) amendment of this section, see § 3(b) of Association Meeting Flexibility Emergency Amendment Act of 2025 (D.C. Act 26-6, Feb. 13, 2025, 72 DCR 1643).

For temporary (90 days) amendment of this section, see § 3(b) of Association Meeting Flexibility Congressional Review Emergency Amendment Act of 2025 (D.C. Act 26-53, Apr. 22, 2025, 72 DCR 4909).

Temporary Legislation

For temporary (225 days) amendment of this section, see § 3(b) of Association Meeting Flexibility Temporary Amendment Act of 2025 (D.C. Law 26-2, May 3, 2025, 72 DCR 3107).