Rules For Condo Board Members In Palm Beach
Description
Form popularity
FAQ
In Florida, homeowners' association (HOA) board meetings are generally required to be open to all association members. However, there are two specific instances when the board is permitted to hold a closed-session meeting – meaning the meeting is not open to all members.
In Florida, the law provides when an association's board can close its meetings to homeowners. Generally closed meetings are allowed in two situations: those involving legal matters and personnel issues. The reasons for these particular two subjects to be addressed in closed meetings make sense.
In summary, condo board members in Florida may face personal liability in certain situations, contingent on the nature of the claim, liability source and available insurance coverage or indemnification.
Section 720.303(2)(a) of the Florida Statutes dictates that board meetings must be open to all members. The only exceptions to this are meetings between the board and its attorney when discussing pending litigation. Similar laws exist in Arizona and California. Other states don't have open meeting laws.
(1) Directors must be natural persons who are 18 years of age or older but need not be residents of this state or members of the corporation unless the articles of incorporation or bylaws so require. For a corporation organized ing to the provisions of s.
Meetings of the board must be open to all members, except for meetings between the board and its attorney with respect to proposed or pending litigation where the contents of the discussion would otherwise be governed by the attorney-client privilege.
The board is granted all of the corporation's powers and duties and is tasked with making important decisions that will impact the owners and community. Directors must be very familiar with the association's governing documents, hold meetings, prepare budgets, fund reserves, and maintain association property.
One example of a state with open meeting laws is Florida. Section 720.303(2)(a) of the Florida Statutes dictates that board meetings must be open to all members. The only exceptions to this are meetings between the board and its attorney when discussing pending litigation. Similar laws exist in Arizona and California.
A board member may not serve more than 8 consecutive years unless approved by an affirmative vote of unit owners representing two-thirds of all votes cast in the election or unless there are not enough eligible candidates to fill the vacancies on the board at the time of the vacancy.
