GinaP1 (Florida)
Posts: 10
Posts: 10
Posted:
We had 3 officers and 4 directors on our Board. One of the directors resigned (due to moving). With the exception of one officer, the rest of the Board would like this seat left vacant until the next Annual Election.
The Florida Statues say "Unless otherwise provided in the bylaws, any vacancy occurring on the board before the expiration of a term MAY be filled by an affirmative vote of the majority of the remaining directors". Our documents use the word MAY as well.
Since it says may, as opposed to must, does a new director have to be chosen or can we leave it as it is for now? Additionally, our documents do require an odd number on the Board. If it is possible to not fill that vacant spot, can we remain at an even number (until election) or should/could we have 1 of the other directors resign to bring us back to an odd number?
The Florida Statues say "Unless otherwise provided in the bylaws, any vacancy occurring on the board before the expiration of a term MAY be filled by an affirmative vote of the majority of the remaining directors". Our documents use the word MAY as well.
Since it says may, as opposed to must, does a new director have to be chosen or can we leave it as it is for now? Additionally, our documents do require an odd number on the Board. If it is possible to not fill that vacant spot, can we remain at an even number (until election) or should/could we have 1 of the other directors resign to bring us back to an odd number?