(a) Except as otherwise provided in the governing principles, a decentralized unincorporated nonprofit association shall have the approval of a majority of the membership interests participating in a vote to do any of the following: (1) Suspend, dismiss, or expel a member. (2) Select or dismiss an administrator. (3) Adopt, amend, or repeal the governing principles. (4) Sell, lease, exchange, or otherwise dispose of the property of the decentralized unincorporated nonprofit association. (5) Dissolve the decentralized unincorporated nonprofit association under Section 10A-17-2.14. (6) Undertake any other act outside of the ordinary course of the decentralized unincorporated nonprofit association’s activities. (7) Determine the policy and purpose of the decentralized unincorporated nonprofit association. (b) In order to perform any act or exercise any right that the governing principles require to be approved by the membership, a decentralized unincorporated nonprofit association must have the approval of the membership to act in accordance with its governing principles. (c) Unless otherwise provided for in the governing principles, membership interest in a decentralized unincorporated nonprofit association shall be calculated in proportion to a member’s voting rights within the nonprofit association.
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