Accepting and Rejecting Member Voting Documents Clause Samples

Accepting and Rejecting Member Voting Documents. For a Member Mail Ballot or other document allegedly executed by, or on behalf of, a Member, including an affidavit of a member spouse pursuant of section 3.12, (collectively, “Member Voting Document”): (1) the Cooperative may accept, and give effect to, the Member Voting Document if: (A) the name signed on the Member Voting Document corresponds to a Member’s name, and the Cooperative acts in good faith; or (B) the Cooperative reasonably believes the Member Voting Document is valid and authorized; (2) the Cooperative may reject, and not give effect to, the Member Voting Document if the Cooperative: (A) acts in good faith; and (B) has a reasonable basis for doubting the validity of the signature on the Member Voting Document or the validity of the signatory’s authority to sign on behalf of the Member; and (3) the Cooperative, and a Cooperative Member or Official, are not liable to a Member for accepting or rejecting a Member Voting Document as provided in this Bylaw.