Can a board arbitrarily limit bike storage in a common area to only a portion of the total number of bike-owning shareholders? i.e. There is space for approximately 20 bikes and the board wants to only store 10 and use a lottery system to see who gets space. This seems to fly in the face of at least NY Business Corp Law granting equal rights to all shareholders
Also is it good/fair policy to only allow shareholders to store bikes and not family members as well
Introduce yourself to other members of Board Talk! Log in below or register here.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Habitat U: learn about how to manage a building, and what you should know as a co-op or condo board member.
Search, by word or phrase, all magazine articles from January 2002 to present. You may print or email your results. Print subscribers receive free access to the Habitat Article Archive.