Picking Teams

What type of vote?

• Owner Vote
• Board Vote

Board Vote

• Typically voice vote
• No proxies
• Noted in minutes

Owner Votes

• Elect Directors
• Recall Directors
• Amend Governing Docs
• Approve Capital Improvements

Quorum

• You have to have it
• But what is it?
• Default
• Quorum reduction

Terms

• Majority of a quorum
• Majority of the members represented at the meeting in person or by proxy (whether voting or not)
• Majority of the members represented and voting

Untitled Slide

• Majority of the voting power of the members
• Majority of the members in good standing
• Majority of all members

Voting Methods - in Meeting

• Voice
• Show of hands
• Unanimous consent
• Ballot
• Roll-call

Voting Methods - Not in Meeting

• Written ballot by mail
• Electronic ballot
• Absentee

Proxies

• No such thing as proxy ballot
• Directed vs. General vs. for Quorum
• Must be signed & dated
• Valid for a year if doesn't specify

Written Ballot in Lieu of Meeting

• Procedure
• Exceptions: turnover, recall, annual meeting, special meetings called by owners

Electronic Voting

• You can do it!
• Similar process to vote by written ballot

Questions?