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We have five members on our board, but nobody is willing to be board president. The bylaws require a president, but don't specify what would happen if nobody volunteers; the current vice president has said that if he's made president, he'll quit the board. This may be because our past two board presidents both suddenly quit because of the stress of the job. While the building seems to be functioning normally, and we're a friendly board, nobody wants to be "where the buck stops." We put out flyers soliciting additional board members but haven't gotten any response. What can we do?
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maybe people will show me something in the BCL, show me, no hearsay for me, Where it states that the president does more than run the board meetings. They have no more power than another member, exact same strength of vote , 1 vote, In this co-op the president has been acting and been a total control freak, running everything, without sharing the info with other BOD members. This is wrong, i have been telling BOD members that had a minimal set of oomph, to read the the riot act, and bring him to court if necessary, when he refuses to share info that they are legally responsible for. The president runs the meetings, that is it, O and D indemnity insurance does not cover not doing due diligence.
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by default, if the president is unable to fullfil his duty ( in your case non existant ) the responsibility falls on the vice president.
If no one wants to hold this position, split the duties among yourselves .... it really just boils down to "setting" the agenda during the board meetings and signing some documents that usually the treasurer and/or the secretary can do. Call it a presidential "committee".
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