4/7/2016 11:12:20 AM
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Section 5: OPA Board Subject: Money is No Object Msg# 946080
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I sent the info below to the board as a reminder and in the hopes that it would reduce the acrimony we have seen lately in meetings.
Every single board member will swear on a Bible that they follow all the stuff you sent. Do you really expect anyone would say otherwise? |
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For reference, the above message is a reply to a message where: Tom, Thanks and so noted regarding the training. I sent the info below to the board as a reminder and in the hopes that it would reduce the acrimony we have seen lately in meetings. Doug Parks The Duty of Care To meet the duty of care, an HOA Board member must make informed decisions, which might require a bit of research before you act or vote on an HOA matter. HOA Board members must also act in a prudent and reasonable manner, basically using sound business judgment, and avoiding arbitrary or capricious actions. The Duty of Loyalty The duty of loyalty requires that HOA Board members act fairly, in good faith, in the interest of, and for the benefit of, the HOA as a whole, rather than make decisions based on any personal interest or gain. HOA Board members should also avoid acting where there is a conflict of interest. Additionally, an HOA Board member must protect members’ confidentiality, and not divulge information provided in confidence. The Duty to Act Within the Scope of Authority This duty requires the HOA Board to perform the duties it’s obligated to carry out, but prohibits the Board from making decisions or acting on matters without the authority to do so. The authority of an HOA comes from its obligations under state laws, as well as the authority granted to it in the development’s governing documents. |
Calendar |
Special Board Meeting - Board Room
11/25/2024 - 7:00 P.M. 3 days or less away! |
OPA Board Meeting - Golf Clubhouse
12/21/2024 - 9:00 A.M. |
OPA Board Meeting - Golf Clubhouse
1/25/2025 - 9: A.M. |
OPA Board Meeting - Golf Clubhouse
2/22/2025 - 9:00 A.M. |
OPA Board Meeting - Golf Clubhouse
3/29/2025 - 9:00 A.M. |