2010 Proposed Amendment to the Bylaws of the Davis Food Co-op
Please see the Propositions Page for an analysis of the nature and effects of the measure (as called for in our Bylaws).
Below you will find the text of what would be
changed, showing how the sections will read if each Proposition passes, with deleted
language in strikeout type and new language in underlined type.
Proposition 1: Initiative Date of Record
Proposed Amendment to the Bylaws:
Proposed Amendment to the Bylaws:
Article X, Section 2. Initiative. An issue submitted by petitions signed by not less than five percent of shareholders in good standing which specify any lawful and proper purpose shall be presented to members within six months of such submission either at a regularly scheduled balloting or by balloting specially called for the purpose. The determination of five percent of shareholders in good standing shall be made based on the last day of the month preceding the date on which petitions are submitted.