The North Carolina Chapter of the Community Associations Institute (CAI-NC) has elected business and community associations attorney Adam Beaudoin as a new board member.
Adam will serve a three-year term, which started on January 1, 2020. He joins an 11-member board comprised of community association industry leaders that work on behalf of CAI-NC's three membership representation groups: homeowners, community managers, and business partners. Adam was elected under the business partner classification. As a board member, he will help supervise, control, and direct the affairs and property of the chapter.
The CAI is a membership-based organization dedicated to building better communities by giving HOA "board members, managers, and homeowners the legal and practical knowledge to help them lead and enhance responsible community living." The North Carolina chapter is one of more than 60 CAI chapters around the world.
Adam leads the firm's community association practice group. He advises planned communities and community association boards and members regarding corporate governance, procedural requirements, governing document amendments, fiduciary duties, inspection right, collection issues, and rule adoption and enforcement.
As a business attorney, Adam's practice experience encompasses a broad range of business law and transactional matters, including preparation of all components of business entity formation, including articles of incorporation, articles of organization, bylaws, organizational minutes, shareholder agreements, operating agreements, and partnership agreements. He regularly advises business clients regarding corporate governance, procedural requirements, governing document amendments, and fiduciary duties.