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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Except as otherwise provided in the articles of incorporation or bylaws, the board of directors or designated body of a membership corporation that has one or more members at the time shall not adopt or amend a bylaw under:
(1) Section 29-404.10 providing that some of the members have different rights or obligations than other members with respect to voting, dissolution, transfer of memberships or other matters;
(2) Section 29-404.13 levying dues, assessments, or fees on some or all of the members;
(3) Section 29-404.21 relating to the termination or suspension of members;
(4) Section 29-404.22 authorizing the purchase of memberships;
(5) Section 29-406.08(a):
(A) Requiring cause to remove a director; or
(B) Specifying what constitutes cause to remove a director;
(6) Section 29-406.08(e) relating to the removal of a director who is designated in a manner other than election or appointment; or
(7) Section 29-406.12.
(b) The board of directors or designated body of a membership corporation shall not amend the articles of incorporation or bylaws to vary the application of subsection (a) of this section to the corporation.
(c) If a nonprofit corporation has more than one class of members, the members of a class shall be entitled to vote as a separate voting group on an amendment to the bylaws that:
(1) Is described in subsection (a) of this subsection if the amendment would affect the members of that class differently than the members of another class; or
(2) Has any of the effects described in § 29-408.04.
(d) If a class of members will be divided into 2 or more classes by an amendment to the bylaws, the amendment shall be approved by a majority of the members of each class that will be created.
Cite this article: FindLaw.com - District of Columbia Code Division V. Local Business Affairs § 29-408.22. Bylaw amendments requiring member approval. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-v-local-business-affairs/dc-code-sect-29-408-22/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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