Question:
Our new condo association manager stated at our recent annual meeting that our quorum requirement (33 1/3 percent of condo association members) could be based on members in "good standing", and delinquent members could be excluded.
Using this formula, she was saying we needed 27 members present to conduct business per our bylaws, not 33 as we have always required. Can the quorum requirement be lowered using this type math? Any comments?
Answers (14)
What are your thoughts on this topic? Please share your answers below. We ask that you remain respectful of each other, and be advised that responses are monitored.