(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(2) Consent under subsection (1) of this section may be withdrawn by a director in a record at any time before the limited cooperative association receives consent from all directors.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.
Source: L. 2011: Entire article added, (SB 11-191), ch. 197, p. 794, � 1, effective April 2, 2012.