State Codes and Statutes

State Codes and Statutes

Statutes > West-virginia > 19 > 19-4-15

§19-4-15. Referendum.
Upon demand of one third of the entire board of directors, made immediately and so recorded, at the same meeting at which the original motion was passed, any matter of policy that has been approved or passed by the board must be referred to the entire membership or the stockholders for decision at the next special or regular meeting; and a special meeting may be called for the purpose.