1. (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.
2. (b) Consent under subsection (a) of this section may be withdrawn by a member in a record at any time before the limited cooperative association receives a consent from each member entitled to vote.
3. (c) Consent to any action may specify the effective date or time of the action.

Laws 2009, HB 2148, c. 68, § 55, eff. January 1, 2010.