board using Business Organization Code vs. Property Code for bylaw change

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #376595
    minhari19
    Participant
    Up
    -1
    Down
    ::

    If the HOA/Condo Act in your state is silent when it comes to amending bylaws, then your BOD can refer to the Business Code or Nonprofit Corporation Act in your state.

    #383821
    Larson45
    Participant
    Up
    0
    Down
    ::

    That’s a good point. If the HOA or Condo Act doesn’t specifically address bylaw amendments, checking the state’s Business Corporation or Nonprofit Corporation Act can help clarify the proper procedure. The board should also review the governing documents and any notice, voting, or approval requirements before making changes.

Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
company logo
company logo
company logo
company logo
company logo
company logo