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Corporate Law: Votes of Directors

 
 
gollum
 
Reply Thu 10 Nov, 2016 11:28 am
I live in a residential apartment co-op, in which I am a shareholder. The board of directors vote on various matters that come before it. Sometimes those votes are not unanimous.

I asked the board about a particular vote, which its minutes state was 6 to 1. My question was who voted against? I asked for any additional information to help me understand the reason for the dissenting director's vote.

The board replied that its policy is to not give out that information.

Can I compel the disclosure of the information?

Is the board's policy usual and/or reasonable?
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cicerone imposter
 
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Reply Thu 10 Nov, 2016 01:20 pm
@gollum,
This link might help you understand the rules and regulations about your query.
http://www.habitatmag.com/Publication-Content/Co-op-Condo-Buyers/2011/2011-February/FAQ-Check-What-Are-Co-op-Owners-Rights-to-See-Board-Meeting-Minutes
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