HARRY HUGHES, Governor
1451
(a) The administration of every condominium shall be
governed by bylaws which shall be recorded with the
declaration. If the council of unit owners is incorporated,
these bylaws shall be the bylaws of that corporation.
(b) The bylaws shall express at least the following
particulars:
(1) The form of administration, indicating
whether the council of unit owners shall be incorporated or
unincorporated, and whether, and to what extent, the duties
of the council of unit owners may be delegated to a board of
directors, manager, or otherwise, and specifying the powers,
manner of selection and removal of them;
(2) The mailing address of the council of unit
owners;
(3) The method of calling the unit owners to
assemble; the attendance necessary to constitute a quorum at
any meeting of the council of unit owners; the manner of
notifying the unit owners of any proposed meeting; who
presides at the meetings of the council of unit owners, who
keeps the minute book for recording the resolutions of the
council of unit owners, and who counts votes at meetings of
the council of unit owners; and
(4) The manner of assessing against and
collecting from unit owners their respective shares of the
common expenses.
(C) IF THE BYLAWS PROVIDE FOR DELEGATION OF POWER TO A
BOARD OF DIRECTORS, THE BYLAWS SHALL SPECIFY.
(1) THE NUMBER OF MEMBERS OF THE BOARD OF
DIRECTORS AND THE TITLES OF THE OFFICERS OF THE COUNCIL OF
UNIT OWNERS;
(2) ELECTION BY THE BOARD OF DIRECTORS OF A
PRESIDENT, TREASURER, SECRETARY, AND ANY OTHER OFFICERS OF
THE COUNCIL OF UNIT OWNERS WHICH THE BYLAWS SPECIFY;
(3) THE QUALIFICATIONS, POWERS AND DUTIES, TERMS
OF OFFICE, AND MANNER OF ELECTING AND REMOVING MEMBERS OF
THE BOARD OF DIRECTORS AND OFFICERS, AND FILLING VACANCIES;
(4) WHICH, IF ANY, OF ITS POWERS THE BOARD OF
DIRECTORS OR OFFICERS MAY DELEGATE TO OTHER PERSONS OR TO A
MANAGING AGENT; AND
(5) WHICH OF ITS OFFICERS MAY PREPARE, EXECUTE,
CERTIFY, AND RECORD AMENDMENTS TO THE DECLARATION ON BEHALF
OF THE COUNCIL OF UNIT OWNERS.
(D) UNLESS THE BYLAWS SPECIFY A LARGER PERCENTAGE, A
QUORUM IS DEEMED PRESENT THROUGHOUT ANY MEETING OF THE BOARD
OF DIRECTORS IF PERSONS ENTITLED TO CAST 51 PERCENT OF THE
VOTES ON THAT BOARD ARE PRESENT.
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