What if all Directors of a Condo COA resign or refuse to serve?

May I ask what the hike was for? Was it for Hike sake? A HOA should be a non-profit. Collecting only for it's expenses. Is this for additional expenses or cost of living? Just to raise dues just because or for covering a special additional expense is kind of a no-no. It isn't if it's for something for rise in expenses of utilities, contractors, or business related expenses.

From a HOA attorney I respect:

If even just one owner is willing to serve on the board, receivership can be avoided.

If no one is willing to serve on the board, then a court-ordered receivership is possible. Receivership is incredibly expensive.

This is "precious" responding.

Those two obnoxious condo owners have been that way since they moved in. Disregard association rules and bitch constantly. I have tried my best to serve on the board and accommodate any legitimate gripes they have. I am sorry but I am just burnt out trying to appease them.
Receivership is a bad thing and I do not want it for all the good folks who live here. But I am done. I have served faithfully as a Board member for 5 years. I am 79 YRO. Time for someone else to take all the abuse.
I will take my money and run. Bought in here at Sun City for $95k in 2016 and can now sell for over $215k.
I wish the absolute worst for the two bitches that have caused all the grief here for everyone.
Of course I believe that the increase in monthly assessment fees is necessary and I believe it will be supported. Have had to chase higher expenses especially for water, sewer, and casualty insurance premiums after a significant claim in 2018.
Be nice to turn over this thankless POS job to someone else!

All of this is very common in community associations, especially condos: a few nasty owners, a bunch more entitled owners and most of them totally clueless about how much it takes to run these properties responsibly, burned out board members, and nobody else willing to serve on the board.

As for the last item, receivership usually acts as a wake-up call and you'll get your volunteers (*). As others noted, it's expensive - receivers can earn more than lawyers, and doubled assessments are not unusual.

(* Whether or not that's a good thing is up for debate - depends how capable these new folks are.)

FWIW, there is a trick to dealing with the nasties - you basically remove the emotional payoff they get for their bad behavior by not playing the game on their terms. Takes time, you need to be consistent, but eventually they learn to look elsewhere for their entertainment.

We've had discussions around here about what some view as flaws in the whole condo/HOA setup. One of the regular posters (Shelia in IN) said that buying a condo is like walking into a bar and becoming business partners with everyone in the joint. Unfortunately, I've discovered that for older folks who don't want to rent and aren't ready for the whole continuing care bit, homeownership choices can be very limited - personal needs plus financial resources plus the increasing push to create more and more of these HOA/COA communities can make condos the only game in town.

So I hear you about being done with it. Even without unusual challenges, the job is still time consuming and tiring, and others need to do their fair share of the work.