Initial board has power to act even without annual meetings
The initial board of directors of a nonprofit condominium association has authority to act on behalf of the association even though it has failed for more than 13 years to hold an annual meeting for election of new board members as required by its bylaws, an appellate court in Michigan has held. It has reversed a trial court’s acceptance of a claim by a unit owner that the association lacked the authority to take the action.
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