RubyB (Florida)
Posts: 1
Posts: 1
Posted:
MY BOARD WOULD LIKE TO CHANGE SOME OF THE BY-LAWS FOR OUR ASSOCIATION WHICH HAVE NOT BEEN CHANGED SINCE 1988. WE WOULD LIKE TO CHANGE THE QUARM AND TERM OF SERVICE TO TWO YEARS AND ADD THE RIGHT TO FINE FOR NON-COMPLIENCE.THIS IS WHAT OUR DECLARATION OF CONVENANTS SAYS:
ARTICLE X
BY-LAWS- THE BY-LAWS OF THIS ASSOCIATION SHALL BE INITIALLY ADOPTED BY THE BOARD OF DIRECTORES.. THEREAFTER, THE BY-LAWS SHALL BE AMENDED, OR RESCINDED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORES.
BUT THEN IT SAYS; AMENDMENTS:
ANY AMENDMENT OF THE ARTICLE SHALL REQUIRE ASSENT OR WRITTEN CONSENT OF THE MEMBERS ENTITLED TO CAST FIFTY ONE PERCENT OF THE TOTAL VOTES ABLE TO BE CAST AT ANY REGULAR OR SPECIAL MEETING OF THE MEMBERSHIP DULY CALLED AND CONVENED. NO SUCH AMENDMENT MAY DIMINISH ANY RIGHTS OF THE CLASS B MEMBER, HOWEVER, UNLESS JOINED IN BY SUCH CLASS B MEMBER.
SO CAN THE BOARD OF DIRECTORS AMEND THE BY-LAWS.
ARTICLE X
BY-LAWS- THE BY-LAWS OF THIS ASSOCIATION SHALL BE INITIALLY ADOPTED BY THE BOARD OF DIRECTORES.. THEREAFTER, THE BY-LAWS SHALL BE AMENDED, OR RESCINDED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORES.
BUT THEN IT SAYS; AMENDMENTS:
ANY AMENDMENT OF THE ARTICLE SHALL REQUIRE ASSENT OR WRITTEN CONSENT OF THE MEMBERS ENTITLED TO CAST FIFTY ONE PERCENT OF THE TOTAL VOTES ABLE TO BE CAST AT ANY REGULAR OR SPECIAL MEETING OF THE MEMBERSHIP DULY CALLED AND CONVENED. NO SUCH AMENDMENT MAY DIMINISH ANY RIGHTS OF THE CLASS B MEMBER, HOWEVER, UNLESS JOINED IN BY SUCH CLASS B MEMBER.
SO CAN THE BOARD OF DIRECTORS AMEND THE BY-LAWS.