TracyC3 (Kentucky)
Posts: 1
Posts: 1
Posted:
Can you have a HOA if there is currently only 1 member and his is not designated as a position?
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Started by TracyC3 • 3 replies • 1174 views
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GloriaM (North Carolina)
Posts: 829
Posts: 829
Posted:
Tracey:
I think your question is can you have a board with only 1 member. The HOA if formed when the developer filed the Articles of Incorporation and the CCR's.
I think your question is can you have a board with only 1 member. The HOA if formed when the developer filed the Articles of Incorporation and the CCR's.
MaryA1 (Arizona)
Posts: 7,043
Posts: 7,043
Posted:
Tracy,
The answer to your question is "Yes!" If no one else has stepped forward to run for a position on he board and, or, all the other board members have resigned or their terms have expired and only one board members remains, then, HE/SHE is the BOD. And that is regardless of whether this one person held an officer position or was just a director. Many assn docs state the board has the authority to appoint members to the board to fill vacancies. If you docs have such a clause then this lone board members should do so ASAP! Oftentimes an individual doesn't want to run for a position on the board but will agree to be appointed.
Good luck!
Mary
The answer to your question is "Yes!" If no one else has stepped forward to run for a position on he board and, or, all the other board members have resigned or their terms have expired and only one board members remains, then, HE/SHE is the BOD. And that is regardless of whether this one person held an officer position or was just a director. Many assn docs state the board has the authority to appoint members to the board to fill vacancies. If you docs have such a clause then this lone board members should do so ASAP! Oftentimes an individual doesn't want to run for a position on the board but will agree to be appointed.
Good luck!
Mary
BrianB (California)
Posts: 2,820
Posts: 2,820
Posted:
Yup, did it for years with 2, and AFAIK, the HOA is doing it now with only 1.
if no one cares...
if no one cares...
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