District of Columbia Statutes

§ 29-920 — Removal of directors and officers; vote required for approval; vacancies.

District of Columbia·Title 29 Business Organizations. [Enacted title]·Ch. 9 General Cooperative Associations.
A director or officer may be removed, with or without cause, by a vote of 2 /3 of the members voting at a regular or special meeting. The director or officer involved shall have an opportunity to be heard in person or by counsel at the meeting. A vacancy caused by any such removal shall be filled by the vote provided in the bylaws for election of directors, if the bylaws provide for a means of electing or appointing officers that means.

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Related

Financial General Bankshares, Inc. v. Metzger
523 F. Supp. 744 (District of Columbia, 1981)
22 case citations

Legislative History

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(i)(12), 59 DCR 13171

Nearby Sections

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