Date: June 2014
Written By: Brindee Probst
Idaho law requires homeowners associations that are incorporated as non-profit corporations to hold at least one membership meeting per year. I.C. §30-3-46(1). This meeting is commonly referred to as the annual meeting. Oftentimes, an association holds multiple meetings throughout the year
A homeowners association’s annual meeting provides an association the opportunity to address two additional requirements of Idaho law that apply to homeowners associations that are incorporated. First, an incorporated association’s board of directors is required to report on the financial activities and condition of the corporation. I.C. §30-3-46. Second, at the annual meeting, the members of the association must consider and vote upon any and all issues affecting the association, so long as the vote is properly noticed and required by the association’s governing documents.