Adds an exemption to the requirement for directors to be elected pursuant to formal election procedures for associations that make every member a director.
Current Status: Chaptered
FindHOALaw Quick Summary:
Chapter 6, Article 4 of the Davis-Stirling Act (commencing with Civil Code Section 5100) establishes the procedures for the election of an association’s directors. The bylaws of some stock cooperatives provide that one member from each separate interest is automatically a director. AB 569 (Chau) would add subpart (f) to Civil Code Section 5100 in order to exempt these communities from having to utilize the balloting/election procedures for director elections.
*UPDATE: AB 569 was approved on September 27, 2014 and its changes in the law become effective on January 1, 2015.
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from the California Legislature's website