Alaska Statutes 10.15.155 – Removal of directors
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 10.15.155
- Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
- member: means a person who has been qualified and accepted for membership in a cooperative. See Alaska Statutes 10.15.595
- person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
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.