Coop Board Election
In our co-op, we have 9 board members, roughly 1/4 of the units are represented on the board, and several of these members have held their seats for 15+ years. When a board member recently moved out, the remaining board simply selected someone to fill the vacancy themselves and announced it to shareholders after the fact. There was no call for other candidates, no vote, nothing open to the rest of us.
Is this a typical/legal way for a co-op board to fill a vacancy? Or should shareholders have had a chance to nominate or vote on who fills that seat?
** Added Notes: Additionally, the board has introduced new house rules that were never discussed during the annual shareholders meeting or put to a shareholder vote. Is this typical, or should rule changes like this require shareholder input/approval?