Roger,
As John (aka Pita) pointed out, the options are few if nobody wants to serve on the Board.
Receivership is done through the courts and is not considered a win for the Association. Expect a huge increase in assessments to pay for the receiver. Additionally, the receiver answers to the Court and not the membership.
Dissolving the Association may be a possibility but becomes harder if the Association has assets (common area, common roads, storm water detention ponds, etc). Someone will need to take ownership and responsibility for these things. Sometimes, the municipality will take over those assets in exchange for creating a special tax district for your development to pay for them.
Encouraging members to serve con be done in various ways with varying results. What works will be found by trial and error. Sometimes hiring independent contractors or a management company to handle some or all of the day to day tasks (bookkeeping, overseeing contracts, dealing with homeowner complaints, enforcement, etc.) can make the job more appealing. However, the membership will need to provide the funds to hire those contractors.
Making the job easier through the use of
various tools may make the job seem less of a chore. For example, when I became a member of my Board the past board member handed me a box of stuff and said there you go. There was no organization to the items in the box and no guidance (other then the governing docs) on what the job required. Therefore I took the time to organize and create binders for each position (I'm still working on the Treasurers binder) that outlined what the minimal tasks were that needed to be completed, instructions on how to complete those tasks and examples of the various paperwork required. This serves as a way of passing on the corporate knowledge and I've gotten positive feedback from those who chose to use the binders.
Hope this helps,
Tim