Annual meetings and board meetings can be difficult to schedule for homeowners associations. Coordinating schedules for board members can be challenging. Choosing a date that all members can attend a meeting is unlikely. However, BuildingBoard has a better way for you to hold association meetings.
BuildingBoard provides remote access to your board meetings and annual meetings through the Internet. There are no apps or software for your members to download. They merely access the live meeting through our website. It is easy to use and convenient. Members can participate in the live meeting and cast their votes simultaneously with the members present at the meeting in person.
Missing a quorum is not only frustrating for directors and members. When you miss a quorum, you cannot conduct association business. Decisions cannot be made regarding the community, which could result in costly delays in some cases. When members can attend meetings remotely, it often results in higher attendance levels, which can avoid the problem of missing quorums.
The annual meeting is held to conduct business that impacts the entire community. However, these meetings may also provide owners and shareholders the opportunity to voice concerns or issues.
The Hawaii Condominium Property Act governs condominiums created across the state. Applicable provisions of the Act that apply to annual meetings include, but are not limited to:
The bylaws of the association should define a quorum for the purpose of member meetings and other meetings.
Hawaii has a Cooperative Housing Corporations statute that governs housing co-ops. According to the statute, proxies are only valid for a specific meeting. The Board of Directors must meet at least once per year, and meetings are open to all shareholders.
The statutes do not discuss the number of votes for a quorum at meetings or annual meetings. It states that the cooperative is subject to the Business Corporation Act, except where the provisions of the Business Corporation Act are inconsistent with the cooperative statutes.
The Hawaii Planned Community Associations Act applies to all planned community associations existing as of June 16, 1997. Applicable provisions of the Act that apply to annual meetings include, but are not limited to:
The bylaws and governing documents should provide voting requirements and quorum requirements.
The Nonprofit Corporations Act states in §414D-101 that the board of directions may allow members or proxies of members to participate in an annual meeting or regular meeting by means of the Internet, teleconference, or other electronic transmissions. However, the members must be able to participate in the live meeting and vote on matters subject to the members.
Section 421J-3.5(e) of the Planned Community Associations Act states that an association may conduct an annual, regular, or special meeting remotely in a manner consistent with 414D-101(g) or 414D-102(f).
BuildingBoard is easy to use, convenient, and avoids problems reaching quorums. Schedule your meeting, invite members via email, and conduct the vote on the day of the meeting. Your members vote via their smartphone or computer.
Are you ready to simply your annual meetings? Contact BuildingBoard to learn more about our services and to schedule a demo.
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