MemberFebruary 22, 2023 at 5:23 pm
We have an extremely small condo corporation and our bylaws do not specify how many members there should be on our board. Our community says that we can have any number of members on the board including the number 2 or 1! I felt this was wrong and there had to be at least 3 people on a board if the Act specifies that 2/3 of board members must be unit owners. What I am really getting at is this… the Act does specify a board must have at least 3 board members simply by stating that 2/3 of board members must be unit owners. Am I wrong in this assumption?