Is this a condominium, subject to FS 718? Or is it a HOA subject to FS 720?
Quote:
Posted By CrystalL2 on 04/28/2022 11:57 AM
We had our annual meeting a few months ago to elect HOA Board. We did not meet quorum so no business was conducted. The HOA Management company is now stating the homeowners that ran for the board will automatically be on it for this next annual year. Our Bylaws clearly state we need quorum and an election. However the management company is stating Florida statues overrides that. All Florida Statues I find also support our bylaws with quorum and voting required. Who is right?
The manager is wrong. When quorum is not met, Florida's nonprofit corporation statute says the incumbent directors continue on the board.
Quote this back to the manager:
FS 617.0806 Staggered terms for directors.—The articles of incorporation or bylaws may provide that directors be divided into classes. Each director shall hold office for the term to which he or she is elected or appointed and until his or her successor has been elected or appointed and qualified or until his or her earlier resignation, removal from office, or death. If any incumbent wishes to resign, then she or he may do so. Then whoever is remaining on the board may appoint someone else.