
Serving on a Board of Directors for a community association has significant responsibilities and requirements to follow corporate and government codes as liability exists if Board Members take action or make decisions outside of these legal guidelines.
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Vintage Group provides this orientation program for Board Members as we feel it is our professional responsibility to outline, in detail, the parameters they must govern within.
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You will become informed regarding:
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How California Civil Code, Corporations Code and the Davis Sterling Act determine the parameters Board Members act within.
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Legal requirements for agendas, meetings, minutes and all forms of Board Member communication.
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Board Member legal liability.
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Board Member communication with homeowners and association vendors.
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Requirements for what must be disclosed in Minutes and included on Meeting Agendas.
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Adoption of a Board Code of Ethics and Conduct Policy.
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Adoption of an Electronic Communications Policy.
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Review of the California Association of Community Management Firm requirements.
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Review of the service requirements provided by community management firms.
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Understanding the power of the “Good Business Judgment Rule.”
The knowledge required to serve on a Board of Directors has become more critical due to the current challenges they face with regards to association law, collection practices and CC&R enforcement requirements.