RCW 23.100.0302
291 words·~1 min read·
/wa/title-23/chapter-23-100/23-100-0302·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Except as provided in RCW 23.100.0301
(1)and 23.100.0305 (6), the organic rules of a limited cooperative association may be amended only at a members meeting. An amendment may be proposed by either:
(a)A majority of the board of directors, or a greater percentage if required by the organic rules; or
(b)One or more petitions executed by at least ten percent of the patron members or at least ten percent of the investor members.
(2)(a) The board of directors shall call a members meeting to consider an amendment proposed pursuant to subsection
(1)of this section.
(b)Subject to RCW 23.100.0408 and 23.100.0419 , not later than thirty days following the proposal of the amendment by the board or receipt of a petition, the board must mail or otherwise transmit or deliver in a record to each member:
(i)The proposed amendment, or a summary of the proposed amendment and a statement of the manner in which a copy of the amendment in a record may be reasonably obtained by a member;
(ii)A recommendation that the members approve the amendment, or if the board determines that because of conflict of interest or other special circumstances it should not make a favorable recommendation, the basis for that determination;
(iii)A statement of any condition of the board's submission of the amendment to the members; and
(iv)Notice of the meeting at which the proposed amendment will be considered, which must be given in the same manner as notice for a special meeting of members.
(c)The meeting must be held at least ten and not more than one hundred twenty days after providing the notice required by
(b)of this subsection.
[ 2019 c 37 s 302 .]