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If the spouse of a Boar Member attempts to sue a coop for a frivilous lawsuit, say a "slip & fall" - should the Board member resign ? Something seems like a conflict of interest here.
The board member must recuse himself/herself from any information, deliberations or decision-making relating to the subject.
Unfortunately, it takes some types of individuals not to even think that the spouse is placed in evidence in such a situation. Also, the BM whose spouse is suing may not be registering that she/he is placed in a highly vulnerable position in front of other residents by not stepping down. It's just hard to think about it!
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When we updated our Proprietary Lease in 2006, an amendment successfully passed that requires a Board member to resign if s/he or an immediate family member is suing the Coop.
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Board Talk members who registered prior to March 9th, 2016 will need to reset their password.