MaureenM1 (PA)
Posts: 344
Posts: 344
Posted:
Our development is in transtiion. We have had a lame duck management company and started with a new company a month ago. We met tonight to discuss the annual meeting. Two of our board members announced they were up for relection. When our new management company took over I asked if there were any board members who were up for relection, however, with everything going on with transition we didn't realize until tonight.
We have less than a week to proceed with an election. Our bylaws state that elections are done at annual meetings. Our annual meeting is November 19, 2012. Should we go ahead with an election at such late notice or reschedule our annual meeting? Our declarant changed our annual meeting from September to November with a resolution three years ago. Can the board again change it to December??? to give the board time to prepare for an election.
One of our board members suggested that we not do anything but we must go by our bylaws/CCR's.
Any advice would be appreciated.
We have less than a week to proceed with an election. Our bylaws state that elections are done at annual meetings. Our annual meeting is November 19, 2012. Should we go ahead with an election at such late notice or reschedule our annual meeting? Our declarant changed our annual meeting from September to November with a resolution three years ago. Can the board again change it to December??? to give the board time to prepare for an election.
One of our board members suggested that we not do anything but we must go by our bylaws/CCR's.
Any advice would be appreciated.