NFA Manual / Rules
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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.