|Re: Quorum (Board of Directors)||<– Date –> <– Thread –>|
|From: Terry (Sarito) Whatley (terry.whatleygmail.com)|
|Date: Fri, 27 Oct 2006 11:09:05 -0700 (PDT)|
Date: Thu, 26 Oct 2006 22:18:55 -0700 From: "OCCNG11" <normangauss [at] charter.net> Subject: Re: [C-L]_ Quorums/Reopening decisions In California, the Board of Directors is ultimately responsible for any decisions the community makes.
Our CA HOA board of directors is defined as all the owning households, so every general meeting is a board meeting. -sarito (Nevada City Cohousing, Nevada City, CA) In our CC&R's, there is no quorum because
the only membership meetings recognized are the rigidly formal Annual and Special Membership Meetings. These are the specified ways for electing of board members and making certain financial decisions involving large amounts of money, in which case a 75% majority of the entire membership is necessary before passing a measure. All other membership meetings are not recognized by State law as legitimate decision-making mediums. In our case all our decisions in meetings are sent to the Board for ratification, thus legitimizing our way of doing things. In our informal community meetings, we have set a quorum at 14 out of 36 households which works out to about 40%. We are a Non-Profit Mutual Benefit Corporation and must follow the California Corporations code. Here the minimum quorum for any decision is 1/3 of the voting block. Since we use consensus, it works out to 100% of 40% of the households. Norm Gauss Oak Creek Commons Paso Robles, CA
Results generated by Tiger Technologies Web hosting using MHonArc.