Quote:
Posted By BrianB on 04/26/2008 8:05 AM
brad is right. i dont own stock in Xerox, and thus, i cannot walk into a Xerox board meeting without an invitation. Private company, private meeting, they can allow who they want.
Excellent point. The point that many owners may not understand is that the HOA is actually a private corporation (normally) with a Board of Directors, Bylaws, etc. The owners are the legal members and the HOA meetings are legal business of the corporation, not a community social gathering. It is closer to Xerox in many ways than other community groups like a social club or community service group.
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