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Signed in as:
filler@godaddy.com
Civil Code Modified Language: Section 5115 (d)(2): For an election of directors of a corporation that is a common interest development, and in the absence of meeting quorum as required by the association's governing documents or Section 7512 of the Corporations Code, unless a lower quorum is authorized by the association's governing documents, the association may adjourn the proceeding to a date at least 20 days after the adjourned proceeding, at which time the quorum required for purposes of a membership meeting to elect directors shall be 20 percent of the association's voting members present in person, by proxy, or by secret written ballot received.
What this means for your election:
Unless a lower adjourned quorum is provided for in your governing documents, you may now lower your quorum to 20% after one attempt to meet quorum. All of our documents and processes have been adjusted to comply with Civil Code requirements when applying this new law to your elections.
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