—Protect and Serve
“If there are no provisions regarding how to fill vacancies in your condominium association’s bylaws and/or certificate of incorporation and your condominium association is formed as a New Jersey non-profit corporation, New Jersey’s Non-Profit Corporation laws provide statutory guidance as to how to proceed.
“Specifically, the New Jersey Non-Profit Corporation laws provide that a vacancy may be filled by a majority vote of the remaining trustees, even absent a quorum of the board of trustees. A trustee elected in this manner will hold office until the next annual or biennial meeting and until a successor is elected and qualified.
“It should also be noted that a New Jersey non-profit corporation must have no less than three trustees. Thus, your board can operate with four members.
“It is important to have an active and engaged board of trustees, therefore when filling the vacancy, the board of trustees should consider the advantages and disadvantages of appointing someone to this vacant position, based on the candidate’s willingness to undertake the responsibilities of trusteeship.”
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