Proposed Bylaw Amendment FAQ
Why is the amendment being proposed?
This amendment is being proposed as due diligence by the board of directors and is consistent with the advisory motion made during the 2019 RREC Annual Meeting. This amendment would allow the board of directors more flexibility in the retiring of capital credits.
What is required to amend the bylaws?
A majority of votes cast by a quorum of the members is needed to pass the bylaw amendment.
What happens if the bylaw amendment doesn't pass?
The bylaws remain unchanged.
When would these changes take place?
These changes would become effective as soon as they are approved by the membership.