| 1 | Representative Ambler offered the following: |
| 2 |
|
| 3 | Amendment to Amendment (514377) (with title amendment) |
| 4 | Remove lines 17-32 and insert: |
| 5 | election is required. Except in an association governing a |
| 6 | timeshare condominium, the terms of all members of the board |
| 7 | shall expire at the annual meeting and such board members may |
| 8 | stand for reelection unless otherwise permitted by the bylaws. |
| 9 | In the event that the bylaws permit staggered terms of no more |
| 10 | than 2 years and upon approval of a majority of the total voting |
| 11 | interests, the association board members may serve 2-year |
| 12 | staggered terms. If the number no person is interested in or |
| 13 | demonstrates an intention to run for the position of a board |
| 14 | members member whose terms have term has expired according to |
| 15 | the provisions of this subparagraph exceeds the number of |
| 16 | eligible members showing interest in or demonstrating an |
| 17 | intention to run for the vacant positions, each such board |
| 18 | member whose term has expired shall become eligible for |
| 19 | reappointment be automatically reappointed to the board of |
| 20 | administration and need not stand for reelection. In a |
| 21 | condominium association of more than 10 units, or in a |
| 22 | condominium association that does not include timeshare units, |
| 23 | coowners of a |
| 24 |
|
| 25 | ----------------------------------------------------- |
| 26 | T I T L E A M E N D M E N T |
| 27 | Remove line 228 and insert: |
| 28 | certain board members; providing an exception to the expiration |
| 29 | of the terms of members of certain boards; revising board |
| 30 | eligibility requirements; |