5. HRSR 03-01-2010 - Laserfiche WebLink

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6.5.5 Except as otherwise provided in this Section or by law, meetings of the Board must be open to -the Owners, To the extent practicable, the Board shall give reasonable notice to the Owners of the date, time, and place of a Board meeting. If the date, time and place of meetings vxe provided for in the GovemYng Documents, announced. at a previous meeting of the Bond, posted in a location accessiblo to the Owners and designated by the Board from timo to time, or if an emergency requires immediate consideration of a matter by the Board, notice is not required. "Notice" has the meaning given in Section 11,1. Notwithstanding the foregoing, meetings may be closed at the discretion of the Board to discuss the following: 6, 5 ,5 , I personnel matters; 6.5.5.2 pending or potential litigation, arbitration or other potentially adversarial proceedings. between Owners, between. the Board. or 'the Association and Owners, or other. matters in which any Owner may have an adversarial interest, if the Board determines that closing the meeting is necessary to discuss strategy or to otherwise protect the position of the Board or association or the p�vacy of are Owner or Occupant; or , 6.5.5.3 criminal activity arising within the common interest commu.n *ty if the Board deteinines that closing the meeting is necessary to protect the privacy of the victim or that opening the meeting would jeopardizo investigation of the activity. The mutes of and the documentation discussed or submitted at such closed meeting may be kept confidential and need not be made available for review or copying pursuant to Section S, 5. Nothing in this Section imposes a duty on the .hoard to provide special facilities for m.eetin.gs. The failure to give notice as required by this Section shall not invalidate the Board meeting or any action taken at the meeting, but shall not impair the Owners' rights to exercise ether remedies against the directors. 6.6 Quorum. and Vot n,g. A majority of the directors constitutes a quorum for the transaction of business at any meeting of the Board, A quorum, once established., continues to exist, regardless of the subsequent departure of any director. Each director hag one vote, The vote of a majority of the directors �rcscnt at any meeting at which a quorum is present is sufficient to adopt any action. Proxies are not permitted. 6.7 ^Action. Taken without a Meeting, The Board shall have the right to tae any action in the absence of a meeting which it could take at a meeting when authorized in a writing signed b all. the directors; provided, that a copy of the proposed. written action. is given. to all � y directors for review prior to its signing. 6.8 Va-ccies. A. vacancy on the Board due to resignation, or death or sorn.e- other mvolu-nt ' event which renders a director physically or mentally unable to serve, shall be filled by a person elected within thirty days following the occurrence of the vacancy by a majority voto of the rcmahaing directors, regardless of their number. The vacancy must be filled such that the representation for each class of erectors, as described. in Section 6,19 is preserved. each person so elected shall serge out the tern. vacated. MPLS -word 202367.2