Guest SLO Posted May 1, 2014 at 03:10 PM Report Share Posted May 1, 2014 at 03:10 PM If a board passed a viable motion, that then needed to go to the shareholders for approval, how long does that passed motion stay viable. It has been over a year since the motion passed and there was a shareholder meeting in the last year that this motion was not presented to, so does the motion now die and have to be rebrought to the current directors or can it be taken as passed to the next shareholder meeting. Link to comment Share on other sites More sharing options...
Rev Ed Posted May 1, 2014 at 03:36 PM Report Share Posted May 1, 2014 at 03:36 PM Unless the By-laws of the organization, or the motion itself, have a time limit then no there is no time limit. Link to comment Share on other sites More sharing options...
Guest slo Posted May 1, 2014 at 03:59 PM Report Share Posted May 1, 2014 at 03:59 PM Unless the By-laws of the organization, or the motion itself, have a time limit then no there is no time limit.Could the current board, who found this oversight, then refuse to take the motion to the shareholders or would they be in violation of a valid motion? or could they amend it and take the new motion to the shareholders? Link to comment Share on other sites More sharing options...
Josh Martin Posted May 1, 2014 at 04:39 PM Report Share Posted May 1, 2014 at 04:39 PM If a board passed a viable motion, that then needed to go to the shareholders for approval, how long does that passed motion stay viable. Forever, unless the motion itself or your organization's rules provide otherwise. It has been over a year since the motion passed and there was a shareholder meeting in the last year that this motion was not presented to, so does the motion now die and have to be rebrought to the current directors or can it be taken as passed to the next shareholder meeting. The latter, so far as RONR is concerned. Could the current board, who found this oversight, then refuse to take the motion to the shareholders or would they be in violation of a valid motion? or could they amend it and take the new motion to the board? They can't simply refuse to take the motion to the shareholders (I assume this is what your rules require), but they can certainly rescind or amend the motion. This requires a 2/3 vote, a vote of a majority of the entire membership, or a majority vote with previous notice. Link to comment Share on other sites More sharing options...
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