Alaska Statutes (Last Updated: January 11, 2017) |
Title 10. CORPORATIONS AND ASSOCIATIONS. |
Chapter 10.15. ALASKA COOPERATIVE CORPORATION ACT. |
Article 10.15.01. SUBSTANTIVE PROVISIONS. |
Section 10.15.155. Removal of directors.
Latest version.
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A director may be removed upon a majority vote of all members voting in person at a member meeting. Before a vote for removal may be taken, written reasons for removal of the director shall be presented at a meeting of members and the director sought to be removed shall have an opportunity to answer the reasons at that meeting. The written statement of reasons for removal shall be filed with the minutes of the meeting. The bylaws may contain other provisions for the removal of a director consistent with the provisions of this section.
Notes
History
(Sec. 20(4) ch 107 SLA 1959)