BobW17 (Florida)
Posts: 8
Posts: 8
Posted:
I have two questions regarding board election procedures.
1. Many bylaws documents state that the HOA organizational meeting must occur within ten days after the annual membership meeting at which the new directors were elected. Is "within 10 days" a statuary requirement or is it just a non-binding convention that has become popular I have searched Florida Statutes 720 and 617 and can find no such "10 day" requirement.
2. I also can not find any Florida statutory requirement stating when the newly elected board members officially take office to replace the outgoing members who have completed their term of office. Some bylaws I have read seem to imply that the new board takes over immediately after the annual membership meeting has adjourned. However, it seems that most bylaws are silent on this matter.
I personally believe that the entire outgoing board should remain in office for a few additional days after the annual membership meeting before the new board takes over as the official new HOA board. This would permit the outgoing board to finish up any business initiated by the old board. For example: By allowing the outgoing board to stay in office for a few additional days (perhaps 5 business days), this would give the old board time to sign, notarize, and record any new amendment that may have been approved at the annual meeting. You will note that federal, state, and county officials do not take office immediately after they are elected to office - probably for the same reason. A slight delay in taking office would permit a more orderly transfer of power.
If you know of any Florid statuary requirements for either of these two matters, I would appreciate your inputs.