New business

Business transacted at an AGM is restricted to:

1.	Accepting the minutes of previous meetings.
2.	Accepting financial statements.
3.	Accepting the auditor's report.
4.	Appointing auditors.
5.	Electing directors.
6.	Special business that was included in the agenda that was distributed with the meeting notice sent to all owners. (The board sets the agenda.)
7.	Other business
8.	Closing

Other business, often called New Business, is a time when owners are free to raise any any issue they have dealing with corporation.

Owners can ask questions or make comments but they cannot make a motion to introduce any special business requiring a vote. Since the elections are over, it often ends up being a meaningless moan and groan session.

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