SVEA ANNUAL MEETING AND BOARD OF DIRECTORS
An annual meeting of the Association is held every year in December or January. Members are encouraged to attend and are entitled to one vote for each lot and/or condominium owned. Because of the diversity of Elkhorn’s membership, only 30% of the total owners receive their mail in Blaine County, it is difficult to obtain a quorum at membership meetings without utilizing a corporate proxy system. A notice of meeting, an agenda, a proxy/ballot and other meeting information is sent to all owners several weeks prior to the annual meeting. Owners are asked to review the meeting documents and to complete and return their proxies prior to a meeting.
The election of the Board of Directors is held at the annual meeting. Directors are generally elected to serve a term of three years. No director shall be elected for more than two (2) consecutive three year terms. A director who has served two (2) consecutive three year terms may be reelected after remaining off the Board of Directors for a one (1) year period of time. Cumulative voting is allowed for the election of directors.