Legislation
SECTION 63
Removal of directors
Cooperative Corporations (CCO) CHAPTER 77, ARTICLE 4
§ 63. Removal of directors. Any member may bring charges against a
director by filing them in writing with the secretary, together with a
petition signed by five per centum of the members, requesting removal.
The corporation may thereupon remove the director by the affirmative
vote of three-fourths of the members voting thereon at a meeting
promptly held after due notice in writing setting forth accurately the
purpose for which such meeting is called, provided that at such meeting
not less than ten per centum of the entire membership vote, personally
or by mail. The director involved shall be given a copy of the charges
reasonably in advance of the meeting, and he and the complainant shall
have an opportunity at the meeting to be heard in person or by counsel
and to present and cross examine witnesses.
In case the by-laws provide for election of directors by districts
with primary elections in each district, then the petition for removal
of a director must be signed by twenty per centum of the members
residing in the district from which he was elected. The board of
directors must call a special meeting of the members residing in that
district to consider the removal of the director in the manner above
provided; and, by a concurrent vote of a majority of the members of that
district voting thereon, such director shall be removed from office.
director by filing them in writing with the secretary, together with a
petition signed by five per centum of the members, requesting removal.
The corporation may thereupon remove the director by the affirmative
vote of three-fourths of the members voting thereon at a meeting
promptly held after due notice in writing setting forth accurately the
purpose for which such meeting is called, provided that at such meeting
not less than ten per centum of the entire membership vote, personally
or by mail. The director involved shall be given a copy of the charges
reasonably in advance of the meeting, and he and the complainant shall
have an opportunity at the meeting to be heard in person or by counsel
and to present and cross examine witnesses.
In case the by-laws provide for election of directors by districts
with primary elections in each district, then the petition for removal
of a director must be signed by twenty per centum of the members
residing in the district from which he was elected. The board of
directors must call a special meeting of the members residing in that
district to consider the removal of the director in the manner above
provided; and, by a concurrent vote of a majority of the members of that
district voting thereon, such director shall be removed from office.