80006226 - Laserfiche WebLink

Browse

Section 5. Removal of Administrators. At any regular ar spncial meeting of Association, any ane or more of the members of the Board of Administrators may he removed with' or without cause by a vote of the owners of a majority of the basic vakue of the Condominium Property Regime, using the percentages set Eorth in the Paragraph VI of the Master Deed, and a successor may then and there or thereafter be elected to fill th'e vacancy thus created. Any members of the Board of Administrators whose removal has bean pro- posed by the Association owners shall be given an opportunity to be heard at the meeting. ., Section 6. Vacancies. Vacancies in the Board of Administrators caused by. any reason other than the removal of a member thereof by a vote of the Association shall he filled by vote of a majority of the remaining Administrators at a special meeting of the Board of Administrators held for that purpose promptly after the occurrence of any such vacancy, even though the members present at such meeting may constitute less than a quorum, and each person so elected shall be a member of the Board of Administrators for the remainder o£ the term of the member so removed and until a successor shall be elected at the next annual meeting of the Association. Section 7. Annual. Board Meeting. The annual meeting of the members of the Board of Adminis- trators shall be held immediately following the annual meeting of the Association, at such time and place as shall be fixed by the Association at the meeting at which such Board of Administrators shall have been elected, and no notice shall be necessary to the newly elected members of the Beard of Administrators in order legally to constitute such meeting, providing a majority of the whole Baard of Administrators shall be present thereat. Section 8. S ecial Baard Meetin s. _ _..__~_._..._.p_.___.___._,_...,__~_..~._._ ~._._. Specie] meetings of the Board of Administrators may be calked by the Prw:si!:lent upon five {5) business days' notice to each member of the Board, given by mail, or telegraph, which notice shall state the t,imt*. ',B~lace ar;= p.sr,.resr r::. the :nr~;,.in:. f>°:~cia'd :neetin+ls of °°~._, ~ i i' { ~.r,~. aoarr of Ac]min.istrator_> shall be called by the I~resident nr Sg>oreras'y in like manners and like naticer ,7n thc^ wr:itt+*n requ~!st of at least three {3} members of the Board of Administrators, unless there are less than three (3) members, in which event, open the written request of the one or two remaining. lion 9. waiver of Notice. Any member of the Baard of Administrators may, at any time, waive notice of any meeting of the Board of Administrators in writing, and Such waiver shall be deemed equivalent. to the giving of such notice. Attendance Iby a member of the Board o' Adnrinistrarnrs ,r any ,neeting of the P3aard shall. constitute a waiver of notice to him of the time and place thereof. If al] r.he members of the Board of Administrators are pretsent at any meeting of the Board, no notice e>hall be: required and any business ma;y bcr transacted at. such meeting. Section 10. Quorum. At all meetings of the Baard of Administrators, a majority of the members thereof shall constitute a quorum for the transaction of, business, and the votes of a majority of the members of, the Baard of Administrators present at a meeting at which a quorum is present shall constitute the decision of the Board of Administrators. If at any meeting o€ the Baard of Administrators there shall be less than a quorum present, a majority of those present may adjourn the meeting from time to time. At any such adjournment at which a quorum is present, any business which .might have tseen transacted at the meeting originally called, may be transacted without further notice.