AugustinD
Posts: 5,144
Posts: 5,144
Posted:
Real-life situation from a friend: Director Sally won election about a year ago, in late February 2020 at the required annual meeting of the membership. Per the HOA's Bylaws, her term is three years. In August, 2020, Director Sally tragically died. In September, 2020, the Board appointed William to fill the vacancy. The next meeting of the membership is in late February, 2021. A few seats on the board will be filled by election then. Based on the following, how long is William's term as a director?
-- The state's nonprofit corporation act has a Section E titled, "Special Provisions for Homeowners' Associations." Section E states, "Notwithstanding the requirements of sections Q, R, U, V, W, X and Z, the provisions set forth in those sections need not be set forth in the articles of incorporation of a homeowners' association and shall be effective if set forth in the bylaws."
-- The state's nonprofit corporation act at Section W states, "The term of a director elected by the board of directors to fill a vacancy expires at the next members' meeting at which directors are elected."
-- The nonprofit corporation statute's Sections Q, R, U, V, W, X and Z all involve corporate Bylaw type issues.
-- The HOA's Bylaws state that the term of a director appointed by the board to fill a vacancy shall be the same as the term of the director who resigned.
-- The state's nonprofit corporation act has a Section E titled, "Special Provisions for Homeowners' Associations." Section E states, "Notwithstanding the requirements of sections Q, R, U, V, W, X and Z, the provisions set forth in those sections need not be set forth in the articles of incorporation of a homeowners' association and shall be effective if set forth in the bylaws."
-- The state's nonprofit corporation act at Section W states, "The term of a director elected by the board of directors to fill a vacancy expires at the next members' meeting at which directors are elected."
-- The nonprofit corporation statute's Sections Q, R, U, V, W, X and Z all involve corporate Bylaw type issues.
-- The HOA's Bylaws state that the term of a director appointed by the board to fill a vacancy shall be the same as the term of the director who resigned.