The election of directors, if one is required to be held, must be held at, or in conjunction with, the annual meeting or as provided in the governing documents. (d) Shareholder meetings.—There shall be an annual meeting of the shareholders. A meeting of shareholders shall be held each year for the election of directors and for the transaction of any other business that may come before the meeting. (a) Participate in an annual meeting of shareholders. 4) Consult the corporation's bylaws or articles to determine voting rights and requirements. A corporation shall hold a meeting of shareholders annually, for the election of directors and for the transaction of any proper business. Unless otherwise provided in the association's bylaws, the annual meeting and election shall be held within 45 miles of the cooperative property. Any separate shareholders' list for voting, if different, must be similarly available for inspection promptly after the record date for voting. A corporation must hold a shareholder meeting at least one time a year.