By: Jeremy Mulvihill on May 06, 2025
4.3 Number. Prior to the First Membership Election (defined below), the Board shall consist of three (3) directors appointed by Declarant at the organizational meeting of the Association referred to in Section 3.4 (Organizational Meeting), which directors need not be Members of the Association. Concurrent with the First Membership Election, the Board shall be expanded to include five (5) directors, elected as provided in Section 4.5 (Election and Term of Office), which directors must be Members of the Association (other than directors appointed by Declarant which need not be Members). The Board may, upon majority vote, elect to decrease the number of directors to three (3) directors: (i) upon the conveyance of the last Condominium owned by Declarant to an Owner under the authority of a Public Report; or (il) at any time prior to such conveyance if the prior written consent of the Declarant has been obtained