Saturday, September 22, 2012

Removing Directors. Wait until after they get back on the board Monday.

Burning Tree Master Association Has Always Had a Problem with Certain Ones Who Are "Career Board Members"


Oklahoma Statutes allow that any director  or the entire board of directors can be removed, with or without cause, by the holders of a majority of all the members.  



Homeowners from other areas cannot keep a subdivision from voting in someone at this meeting, no matter how much everyone does NOT want them in.   Let them go ahead and get right back on because the good news is, according to the Oklahoma Statutes: H. 1. Any director or the entire board of directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors.


AND

BY-LAWS OF THE BTMA  ARTICLE VI  BOARD OF DIRECTORS
2. Directors shall serve for a term of one (1) year and election to the board may be by secret written ballot. Any or all members of the board may be removed from office with or without cause by majority vote of all the members of the corporation. In the event of death, resignation or removal of a director, his successor shall be selected by the remaining members of the board and shall serve the unexpired term of his predecessor.


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