In Arizona, HOAs are legally required to hold most Board Meetings in front of the membership. As a result, many members moving to Concord Village from HOAs are often confused by why our Board does not do so.
Attached is a legal opinion drafted by our attorney in 2012 which addresses this issue in great detail (16 pages including citations to the related statutes). In summary, the way I interpret this, it seems that Open Meeting laws were designed to protect the interests of private property owners. At Concord Village, however, we operate as a large 373 shareholder corporation that owns an multi-family housing complex, and our members/shareholders do not own individual pieces of "goverened" private property.
Since this question has been asked at numerous town halls going back many years, at the request of the membership in a recent town hall, the Board asked for a legal opinion from our long-time attorney, which is available at the link below:
While this legal opinion answers the question about whether Board Meetings "must" be open to all members, it doesn't address whether it would be desireable to conduct many or most of Concord Village's Board Meetings with the members present. While certainly, there are some private topics which cannot be discussed publicly, many others might be better served by discussion in public. However, according to our attorney, that issue is for the membership and the Board to decide -- the Arizona laws requiring open meetings do not apply to Concord Village.