WebTo make a formal decision, a co-op needs vote on a resolution. A resolution is a formal decision, action, or policy that is (usually) proposed by the board and decided at a board or members’ meeting. Resolutions need a majority vote to be accepted and implemented. There are two types of resolutions: WebThese sanctions must be defined within the bylaws and must be reasonable given the circumstances. Section 35(6) of the Act outlines some restrictions on the scope of a sanction. Many condo corporations have an overarching clause in their bylaws defining the scope of possible sanctions for any bylaw infraction.

Sample Resolution - Co-op Creator

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Nonprofit Bylaws Made Easy: Tips and Best Practices

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