ConchoP (Texas)
Posts: 208
Posts: 208
Posted:
Our HOA was an unincorporated Non-Profit in Texas. Our attorney said we should file to be a Non-Profit.
Initial Directors were named, and the certificate of formation became effective when the document was filed by the state in late September.
My question is, what is the process from here? The attorney is supposed to be drawing up a set of draft Bylaws, and as I understand, the Initial Directors vote on them (not homeowners); I assume after that, a date is set for the election of board members.
I'm I understanding this correctly?
When the certificate of formation became effective, did that nullify the old Bylaws?
Our annual dues are usually sent out in January, however if we donβt have Bylaws voted in by January how would we handle annual dues?
Initial Directors were named, and the certificate of formation became effective when the document was filed by the state in late September.
My question is, what is the process from here? The attorney is supposed to be drawing up a set of draft Bylaws, and as I understand, the Initial Directors vote on them (not homeowners); I assume after that, a date is set for the election of board members.
I'm I understanding this correctly?
When the certificate of formation became effective, did that nullify the old Bylaws?
Our annual dues are usually sent out in January, however if we donβt have Bylaws voted in by January how would we handle annual dues?