Tag: New York Business Corporation

2008 Aug Board Resource Guide: A Look at the Board Member Election Process By Greg Olear

It is an annual rite of passage for owners of co-ops and condos. Once a year or thereabouts, they gather in a common area—in my co-op in Astoria it was the basement, right off the washers and dryers—and vote for next year’s board. Someti…

2007 Oct Q&A: Disclosing Shareholder Information By Jamie Heiberger-Jacobsen

Q Are shareholders in co-ops entitled to know the names, addresses, phone numbers or other contact information for their fellow shareholders? —Inquiring Shareholder A “The simple answer to the question here is, yes. S…

2006 Aug Q&A: Board Trouble By John Van Der Tuin

Q We have only three board members in our building. The current board has been in place for about seven years, and our shareholders would like to remove them because they’re ineffective. They failed to replace a board member who resigne…