BettyL5 (Texas)
Posts: 1
Posts: 1
Posted:
Last year we did not reach quorum and had to have another meeting to elect officers. This year, it looked like the same thing was about to happen so we walked for proxies. This is hard work. We have a lovely neighborhood, but people just do not bother to vote. We have had good board members and things move fairly smoothly, so I think folks are happy. A friend of mine who is the President of a another management company said all their communities were going to 5% quorum as they were all having the same problem. He gave me section 22.102,in business legislation, as a reference. He said the law superceded the bylaws and the board could change the quorum requirement. How does this work? Thank you.