TheI (Florida)
Posts: 40
Posts: 40
Posted:
Can someone help clarify these statutes 720.303 and 720.306.
720.303 - If I am reading this right this would be a board meeting and if 20% of the members sign a petition the board will take the petitioned item up on agenda at the next board meeting but no later than 60 days after receiving the petition.
720.306 - This is a members meeting, only 10% of the members is needed to call this meeting.
I have a couple of questions on these statutes.
1. What is the difference between these two meetings? Members meeting and a board meeting?
2. In 720.303 there is a requirement to hold a meeting within a certain time frame (60 days) but in 720.306 there is no requirement. What is the point of calling a meeting under 720.306 if the board never has to schedule it?
Both statutes seem to have the same requirements as far as notification of the members, 14 days written notice to each member
below are the two statutes
720.303āAssociation powers and duties; meetings of board; official records; budgets; financial reporting; association funds; recalls
720.303(2)(3)(d)āIf 20 percent of the total voting interests petition the board to address an item of business, the board shall at its next regular board meeting or at a special meeting of the board, but not later than 60 days after the receipt of the petition, take the petitioned item up on an agenda. The board shall give all members notice of the meeting at which the petitioned item shall be addressed in accordance with the 14-day notice requirement pursuant to subparagraph (c)2. Each member shall have the right to speak for at least 3 minutes on each matter placed on the agenda by petition, provided that the member signs the sign-up sheet, if one is provided, or submits a written request to speak prior to the meeting. Other than addressing the petitioned item at the meeting, the board is not obligated to take any other action requested by the petition.
720.306āMeetings of members; voting and election procedures; amendments
(3)āSPECIAL MEETINGS.āSpecial meetings must be held when called by the board of directors or, unless a different percentage is stated in the governing documents, by at least 10 percent of the total voting interests of the association. Business conducted at a special meeting is limited to the purposes described in the notice of the meeting.
720.303 - If I am reading this right this would be a board meeting and if 20% of the members sign a petition the board will take the petitioned item up on agenda at the next board meeting but no later than 60 days after receiving the petition.
720.306 - This is a members meeting, only 10% of the members is needed to call this meeting.
I have a couple of questions on these statutes.
1. What is the difference between these two meetings? Members meeting and a board meeting?
2. In 720.303 there is a requirement to hold a meeting within a certain time frame (60 days) but in 720.306 there is no requirement. What is the point of calling a meeting under 720.306 if the board never has to schedule it?
Both statutes seem to have the same requirements as far as notification of the members, 14 days written notice to each member
below are the two statutes
720.303āAssociation powers and duties; meetings of board; official records; budgets; financial reporting; association funds; recalls
720.303(2)(3)(d)āIf 20 percent of the total voting interests petition the board to address an item of business, the board shall at its next regular board meeting or at a special meeting of the board, but not later than 60 days after the receipt of the petition, take the petitioned item up on an agenda. The board shall give all members notice of the meeting at which the petitioned item shall be addressed in accordance with the 14-day notice requirement pursuant to subparagraph (c)2. Each member shall have the right to speak for at least 3 minutes on each matter placed on the agenda by petition, provided that the member signs the sign-up sheet, if one is provided, or submits a written request to speak prior to the meeting. Other than addressing the petitioned item at the meeting, the board is not obligated to take any other action requested by the petition.
720.306āMeetings of members; voting and election procedures; amendments
(3)āSPECIAL MEETINGS.āSpecial meetings must be held when called by the board of directors or, unless a different percentage is stated in the governing documents, by at least 10 percent of the total voting interests of the association. Business conducted at a special meeting is limited to the purposes described in the notice of the meeting.