(a) After incorporation:
- (1) If initial directors or members of a designated body are named in the articles of incorporation, those persons shall hold an organizational meeting, as appropriate, at the call of a majority of them, to complete the organization of the nonprofit corporation by electing directors, when the organization of the corporation is to be completed by a designated body, appointing officers, adopting bylaws, and carrying on any other business brought before the meeting;
(2) If initial directors or members of a designated body are not named in the articles, the incorporator or incorporators shall hold an organizational meeting at the call of a majority of the incorporators to elect:
- (A) Directors and complete the organization of the nonprofit corporation; or
- (B) A board of directors who shall complete the organization of the corporation.
- (b) Action required or permitted by this chapter to be taken by incorporators at an organizational meeting may be taken without a meeting if the action taken is evidenced by one or more consents in the form of a record describing the action taken and signed by each incorporator.
- (c) An organizational meeting may be held in or outside of the District.
History
July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720