Title 100 · ORS Chapter 100
whether or not the association is incorporated under ORS chapter 65.
Citation: ORS 65.377
Section: 65.377
65.377 whether or not the association is incorporated under ORS chapter 65.
����� (2) Subject to subsection (9) of this section, unless otherwise provided in the bylaws, the board of directors of an association may fill vacancies in its membership for the unexpired portion of any term.
����� (3) At least annually, the board of directors of an association shall review the insurance coverage of the association.
����� (4) The board of directors of the association annually shall cause to be filed the necessary income tax returns for the association.
����� (5) The board of directors of the association may record a statement of association information as provided in ORS 205.225.
����� (6) The board of directors, in the name of the association, shall maintain a current mailing address.
����� (7) The board of directors shall cause to be maintained and kept current the information required to enable the association to comply with ORS 100.480 (11).
����� (8) The board of directors shall cause an independent inspection of the condominium for moisture intrusion, as described in ORS 100.210 (5), to be performed:
����� (a) Before the end of the second year following the condominium�s substantial completion, as defined in ORS 12.135, and paid for from the reserve account under ORS 100.175; and
����� (b) Before the end of the sixth year following the condominium�s substantial completion.
����� (9)(a) Unless otherwise provided in the declaration or bylaws, at a meeting of the unit owners at which a quorum is present, the unit owners may remove a director from the board of directors, other than directors appointed by the declarant or individuals who are ex officio directors, with or without cause, by a majority vote of unit owners who are present and entitled to vote.
����� (b) Notwithstanding contrary provisions in the declaration or bylaws:
����� (A) Before a vote to remove a director, unit owners must give the director whose removal has been proposed an opportunity to be heard at the meeting.
����� (B) The unit owners must vote on the removal of each director whose removal is proposed as a separate question.
����� (C) Removal of a director by unit owners is effective only if the matter of removal was an item on the agenda and was stated in the notice of the meeting required under ORS