AdministratorApril 28, 2022 at 2:12 pm
Frequently, when major work is required, a wise board will convene an information meeting of owners to ensure they understand what and why is needed.
However, remember that the the board does make the final decision – they are the only authority to make decisisons. However, boards report to owners. It is a democracy. Owners can vote to replace boards.
COF strongly supports transparency in virtually all, except an employee or legal issues.
Owners are shareholders and should be kept well informed by their boards.