Condo Q&A

Do all HOA directors need to sign legal documents?

Written by CondoAssociation.com | Fri, Mar 20, 2020 @ 03:17 PM

 

Our board has been running on three board members that should be five and now during a lawsuit, the President resigns in 2019 and the board has been running on just two board members.

If there is a settlement can the board sign the settlement being that it is not running a full board and doesn't have a majority vote to sign the settlement? Could the Non-Profit lose its Corporate status by running on only two board members that are supposed to be five? Is this a big problem for this lawsuit? Wouldn't or couldn't the settlement be voided from being an invalid board?  Ohio