§ 515.
132 words·~1 min read·
/vt/515A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 515. Manner of voting
(a)Unless the organic rules otherwise provide, voting by a proxy at a members’ meeting is prohibited. This subsection does not prohibit delegate voting based on district or class.
(b)If voting by a proxy is permitted, a patron member may appoint only another patron member as a proxy and, if investor members are permitted, an investor member may appoint only another investor member as a proxy.
(c)The organic rules may provide for the manner of and provisions governing the appointment of a proxy.
(d)The organic rules may provide for voting on any question by ballot delivered by mail or voting by other means on questions that are subject to vote by members. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)