Section 16-16-807 - Removal of directorUnless the organic rules otherwise provide, the following rules apply:
(1) Members may remove a director with or without cause.(2) A member or members holding at least 10% of the total voting power entitled to be voted in the election of a director may demand removal of the director by one or more signed petitions submitted to the officer of the limited cooperative association charged with keeping its records.(3) Upon receipt of a petition for removal of a director, an officer of the association or the board of directors shall: (a) call a special meeting of members to be held not later than 90 days after receipt of the petition by the association; and(b) mail or otherwise transmit or deliver in a record to the members entitled to vote on the removal, and to the director to be removed, notice of the meeting which complies with Section 16-16-508.(4) A director is removed if the votes in favor of removal are equal to or greater than the votes required to elect the director.Enacted by Chapter 363, 2008 General Session.