Voting Power

Corporations Code section 5078 defines “voting power” as the power to vote to elect directors at the time any determination of voting power is made. In CIDs and non-CIDs, the voting power can be affected by the developer’s votes that may provide greater than one vote per separate interest, by sales of new homes to owners, and by new areas being annexed to the development. As the voting power increases or decreases for any given vote, it will often affect the number of votes needed to constitute a quorum and the applicable majority needed to approve the action on which the members are voting.

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