Egret Run History 1

Even though there were occupants in Egret Run in 1999, the Egret Run community held the first official organizational meeting on March 12, 2009.  AM Ferris had been on the developer board and wanted to remain on the board of the newly formed Egret Run Homeowner’s association.  Ferris was President of the BOD at the time.  It is unknown as to the desire to stay on the board of an HOA, but the Ferris family wanted to be able to stay on the ER BOD, seemingly, forever. 

As was learned from a response to the SC DEPT of Consumer Affairs filing, a special meeting was convened in 2010, in an attempt by the BOD, with AM FERRIS AS PRESIDENT to change the by-laws to allow members of the ER BOD to run for and be elected over and over and over,  etc.   

The vote to change the by-laws failed.   Then, the ER BOD, once again with a FERRIS as PRESIDENT engaged an attorney, probably on retainer with the management company at that time, who wrote an opinion that would give the FERRIS family what they wanted. Along with the opinion, a letter was sent which stated the following:

In a two (2) page letter sent to all Egret Run HOA members, dated October 29 2010, with a reminder to read very closely,  the second block of page one displays Chapter 31 of the South Carolina Nonprofit Corporation Act – Section 33-31-805 titled Terms of Directors Generally and paragraph (a) which states “Directors may be elected for SUCCESSIVE terms.”

Ferris states in another filing that the board has used this lawyer’s (I would argue, AS YOU WILL SEE LATER) erroneous opinion to justify continually remaining on the ERBOD.  As you will see if you continue to follow along, there are two (2) major problems with this thinking and the current governance.  STAY TUNED! 

Comments

Popular posts from this blog

The Ferris Family

Egret Run HOA History Part 2