BarbaraP3 (Maryland)
Posts: 90
Posts: 90
Posted:
Our annual meeting and BOD election is coming up in June. We currently have a 7 member board and 4 there are open positions. We currently only have 2 nominations and only one week left to accept nominations. My question is what happens if we don't get 5-7 candidates? If only 4 candidates or less do we still hold the election? OR Since the board was increased from 5-7 three years ago, can the current BOD reduce the BOD back to 5 members by resolution?
Thanks for your advice.
Barb
Thanks for your advice.
Barb