Section 7-58-812 - Action without meeting(1) Unless prohibited by the articles or bylaws, any action that may be taken by a board of directors may be taken without a meeting if each director consents in a record to the action.(2) Consent under subsection (1) of this section may be withdrawn by a director in a record at any time before the limited cooperative association receives consent from all directors.(3) A record of consent for any action under subsection (1) of this section may specify the effective date or time of the action.L. 2011: Entire article added, (SB 11 -191), ch. 197, p. 794, § 1, effective 4/2/2012.