Reduce board size
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REDUCE SIZE OF BOARD

As a general rule, the larger the board, the more unwieldy it becomes. Also, finding volunteers can be a problem. As a result, some associations will amend their bylaws to reduce a nine or seven-member board to five directors, or reduce a five-member board to three directors.

When bylaws are amended to reduce the size of the board, all existing directors retain their seats until their term expires, at which point the number of seats reduces to the new number.

Any reduction of the authorized number of directors or any amendment reducing the number of classes of directors does not remove any director prior to the expiration of the director's term of office unless the reduction or amendment also provides for the removal of one or more specified directors. (Corp. Code §7222(c).)

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Adams Stirling PLC