I'm a condo owner of 1 unit of a 36 unit condo complex. All units are the same size and receive the same percentage of vote rights. In the Bylaws it states that the affairs of the association shale be managed by a board of directors consisting of no less than (3) persons. It states that nomination for election to the board of directors shall be made from the floor of the annual meeting and any unit owner can be on the board or vote for someone to be on the board.
Later in the Bylaws it describes the Officers of the association consisting of a President, Vice-President, Secretary, and a Treasurer. It states that the officers shall be elected annually by the board of directors.
I'm trying to figure out what the difference is between being on the board of directors and being an officer. Let’s say that someone wants to run for president. Can this person be voted in by the condo owners, or do they have to be voted in by the board of directors? Currently the positions of President, Vice-President, and Treasurer have been held by the same persons for over 10 years. Lately anything that happens around our condo complex is decided by these three individuals.
We are coming up on our annual meeting and the majority of owners would like to at least change out the current president and vice-president. I'm trying to figure out the correct way to do this. Thanks for any help that can be provided.
