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Referendum on acts of directors.

D.C. Code § 29-921
in effect
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29-921. Referendum on acts of directors. The articles or bylaws may provide that, within a specified period of time, any action taken by the directors shall be referred to the members for approval or disapproval if demanded by petition of at least 10% of all the members or by vote of at least a majority of the directors; provided, that the rights of third parties which have vested between the time of such action and such referendum shall not be impaired thereby. (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
Source: Council of the District of Columbia (code.dccouncil.gov)URL: https://code.dccouncil.gov/us/dc/council/code/sections/29-921Fetched: 10/21/2026

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