10-2129. Annual and special meetings of
members; notice; quorum
A. An annual meeting of the members of a generation and transmission cooperative
shall be held at a time and place provided in the bylaws. Special meetings of the
members may be called by the president, by the board of directors, by any three directors
or by not less than twenty-five per cent of the voting delegates.
B. Except as otherwise provided in this article, written or printed notice stating
the time and place of each meeting of the members and, in the case of a special meeting,
the purpose for which the meeting is called shall be given to each member, either
personally or by mail, not less than ten nor more than twenty-five days before the date
of the meeting. If mailed, the notice is deemed to be given when deposited in the United
States mail with postage prepaid addressed to the member at his address appearing on the
records of the generation and transmission cooperative.
C. Unless the bylaws prescribe the presence of a greater percentage or number of
the members for a quorum, a quorum for the transaction of business at all meetings of the
members of a generation and transmission cooperative consists of at least fifty per cent
of the voting delegates.
D. A member entitled to notice of a meeting may waive notice in writing either
before or after the meeting. If any voting delegate of a member attends the meeting, his
attendance constitutes a waiver of notice of the meeting, unless he participates solely
to object to the transaction of any business because the meeting has not been legally
called or convened.
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