Becker’s Spotlight offers a weekly in-depth analysis of an issue driving the discussion in Washington. This week’s edition discusses the lame duck session that will begin soon after the election. Congress must consider a spending bill and could also take up the Farm Bill, a tax package, or other outstanding […]
Author: David Hutchinson
Community Update – October 2018
Fear not! We’ve got nothing here to scare you. Rather than something spooky on Halloween, we’re aiming for items that are helpful to clarify or ease the board member or management responsibilities you have for your community. So yes, it’s a treat! Our first article, Term Limit Law Continues to […]
Behind the scenes of the Florida Business Corporation Act, or FBCA, business lawyers are debating amendments that may change how shareholders bring derivative lawsuits. At present, a rift exists between the law and the courts’ ruling on the law regarding demand futility. The demand requirement is a concept concerning shareholder […]
Q: I heard there was a new law that punished condominium associations who failed to timely provide a copy of the annual financial report. Is this true? What are the penalties? S.U. via e-mail A: You are referring to a recently revised provision within the Condominium Act which became effective […]
President Not A Tie-Breaker
Q: Recently, a member of our board of directors resigned, leaving my condominium association with six board members. The board met in a closed meeting to consider appointing someone to fill this vacancy The board voted three times to appoint a person to fill the vacancy and each time the […]