WendyA (Florida)
Posts: 2
Posts: 2
Posted:
Last year I was President (I currently do not hold any position on the Board or as Officer) and noticed the Articles of Inc. stated in Section X "The first Bylaws of the Association shall be adopted by the BOD and may be altered, amended, rescinded in the manner provided in the Bylaws and the Declaration." The definition of âshallâ is mandatory. In our Declaration of Covenants is states "in accordance with the bylaws" all through-out the document. Last year the Board worked on and creating bylaws. To date the BOD has yet to adopt our first bylaws.
Some of our owners believe we do not need bylaws as a third governing document, and we already have bylaws outlined inside of our Declaration and Articles of Inc. They feel the Association can be in compliance with the State by amending the Declaration to include protections given in the newly created bylaws and add the word "bylaws" to the title of the Declaration. No adoption of a third governing document needed.
Under FL Statue 617.0206 says in part "Bylaws-The initial bylaws of a corporation shall be adopted by its board of directors." and FL Statue 617.1601:5b says in part "A corporation shall keep a copy of the following records: (b) Its bylaws or restated bylaws and all amendments to them currently in effect." Also, under FL Statue 720.301.8 says ââGoverning documentsâ means: (a) The recorded declaration of covenants for a community and all duly adopted and recorded amendments, supplements, and recorded exhibits thereto; and (b) The articles of incorporation and bylaws of the homeownersâ association and any duly adopted amendments thereto.â I along with other owners believe our Articles of Inc. and FL Statues require bylaws as a third governing document outside of the Declaration of Covenants. It is easier to amend bylaws than to chance the Declaration.
Should we adopt a separate document named bylaws, as a third governing document? Or change our Declaration to incorporate bylaws & change the name?
Some of our owners believe we do not need bylaws as a third governing document, and we already have bylaws outlined inside of our Declaration and Articles of Inc. They feel the Association can be in compliance with the State by amending the Declaration to include protections given in the newly created bylaws and add the word "bylaws" to the title of the Declaration. No adoption of a third governing document needed.
Under FL Statue 617.0206 says in part "Bylaws-The initial bylaws of a corporation shall be adopted by its board of directors." and FL Statue 617.1601:5b says in part "A corporation shall keep a copy of the following records: (b) Its bylaws or restated bylaws and all amendments to them currently in effect." Also, under FL Statue 720.301.8 says ââGoverning documentsâ means: (a) The recorded declaration of covenants for a community and all duly adopted and recorded amendments, supplements, and recorded exhibits thereto; and (b) The articles of incorporation and bylaws of the homeownersâ association and any duly adopted amendments thereto.â I along with other owners believe our Articles of Inc. and FL Statues require bylaws as a third governing document outside of the Declaration of Covenants. It is easier to amend bylaws than to chance the Declaration.
Should we adopt a separate document named bylaws, as a third governing document? Or change our Declaration to incorporate bylaws & change the name?