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The Rumor:
The Emergency Meeting on 2-11-21 was NOT legal
The Facts:
The false information regarding the previously called special meeting needs to be addressed. The chairman according to Article 2 sec 5
States he “May” call a special meeting period. The next sentence says upon request of 4 board members he Shall call a special meeting. Two different cases of what is required are May or may not. The second is shall, provides something that he has to do no option.For reference here, the president or the chairman of the board is the same. The president of the association for members is different that’s an elected position.
Where did the rumor come from?
This rumor was found on a website that is NOT an official source of information for TREPO, INC.