Search NFA Rulebook
Search This Rule
Bylaws
Chapter 5. Board of Directors
BYLAW 510. INFORMAL ACTION BY DIRECTORS.
[Effective date of amendments: August 1, 2016.]
Any action that must or may be taken at a Board meeting may be taken without a meeting if a consent in writing or by electronic submission, setting forth the action so taken, shall be signed or given by all Directors then in office. This consent shall constitute a waiver of notice and meeting and shall have the same effect as a unanimous vote of all Directors at a meeting.