Tuesday, September 14, 2010

Proposed bylaw amendments

I mentioned in my last post that the association's president presented a set of amendments to the association's bylaws following last month's meeting. Here is a synopsis of the proposed changes:
  • Section 4.01:
    • References to the Declarant have been removed.
    • The requirements for serving on the board are that the candidate be a member of the association and in good standing.
  • Section 4.02
    • Two directors will be elected in even numbered years, and three directors will be elected in odd numbered years. All will serve two year terms (with the exception of directors elected in the first year after this amendment's adoption).
    • Terms limits are explicitly enjoined.
  • Section 4.03
    • The need for and job of a Nominating Committee is removed.
    • Any member in good standing may be nominated by him/herself or anyone else.
  • Section 4.04
    • References to the Declarant have been removed.
    • The use of cumulative voting is forbidden/removed.
  • Section 4.05
    • Current rules for removal of a director are removed.
    • The board may, by majority vote, remove a director that it has appointed or declare vacant the office of a director who is of unsound mind, convicted of a felony, absent for three consecutive meetings, or no longer a member of the association. The board may replace this director. Members may replace this director if the board fails to do so.
    • Members may remove a board member by simple majority vote of an established quorum. Members may replace this board member.
    • A director may resign at any time, and that vacancy may be filled by the board. If resignation is to take effect in the future, the resigning director may participate in the appointment of the new director. Members may fill the empty board position if the board fails to do so.

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