Washington HB1635 revises the composition of boards of directors for consumer cooperatives and cooperative associations.

Washington HB1635 amends the state's laws to specify the composition of the boards of directors for consumer cooperatives and cooperative associations. It mandates that for any consumer cooperative or cooperative association with 2,500 or more employees worldwide, two board positions must be reserved for nonsupervisory or nonmanagerial employees, selected by a majority vote of such employees. These employee directors are prohibited from voting on resolutions related to wages, employee benefits, or other employment terms.

Washington HB1635 revises the composition of boards of directors for consumer cooperatives and cooperative associations.

Washington HB1635 amends the state's laws to specify the composition of the boards of directors for consumer cooperatives and cooperative associations. It mandates that for any consumer cooperative or cooperative association with 2,500 or more employees worldwide, two board positions must be reserved for nonsupervisory or nonmanagerial employees, selected by a majority vote of such employees. These employee directors are prohibited from voting on resolutions related to wages, employee benefits, or other employment terms.