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Amendment H-8181 to HF 2235
Relating to filling a vacancy on a unit owners association executive board
Adopted · March 11, 2024Strike everything: replaces the whole bill
Filed March 8, 2024 in the House by
What it changes
AI summary This amendment replaces the entire bill with a rule that requires board members appointed to fill a vacancy to be approved by a vote of the members at the next annual or special meeting. If the members do not approve the appointed person, the vacancy must be filled through a different process.1
Read the amendment’s wording
- By striking everything after the enacting clause and inserting: “Section
- Section 504.811, subsection 1, paragraph b, Code 2024, is amended to read as follows: b. The board of directors may fill the vacancy. If the board of directors fills the vacancy pursuant to this paragraph, the board of directors shall submit the name of the director appointed by the board to the members for a ratification vote at the next annual meeting or at a special meeting called pursuant to section 504.702. If the director appointed by the board is ratified by the vote of the members, the appointed director shall serve the remainder of the term of the vacant position. If the director appointed by the board is not ratified by the vote of the members, the members may fill the vacancy pursuant to paragraph “a” .”
- Title page, by striking lines 1 through 2 and inserting “An Act relating to filling a vacancy on a board of directors of certain corporations by appointment and ratification.”