like the noise of democracy.
It is one thing to know that you need to replace your existing board of directors but it is another thing altogether to find five, or at least three, able and willing candidates to take their place.
The group of candidates that agree on certain principals or goals and work together to get elected two or more elected positions is called a slate.
||At least 18 years old|
||Fit to manage property. (mentally competent.)|
||the director becomes unable to manage property.|
||has a lien put on his unit that is not cleared within 90 days.|
||A director must be registered owner.|
||No one can be a director if they or any family member is in litigation against the corporation.|
||No one can be a candidate if
they have resigned from the board for the remainder of their term plus
an additional two years without the board's approval.