Monday 15 February 2016

Illegal Acts by Pulte @ Sun City Texas

The residents of Sun City Texas need to demand the resignation of all of the Pulte appointed board of Directors, and especially Brent Baker, for violating the "Interested Director Rule" that is found in Texas Non-Profit law. This statute prohibits interested directors (those that have financial interests/stake - employees of Pulte - with issues before the board) from voting on issues before the board in which they have a financial stake/interest. This law is intended by the State to protect the interests of homeowners like us from having double agents on our board of directors.

This law requires that Interested Directors ABSTAIN from any votes before the board in which they have a financial interest. In the case of Pulte employees, this includes all three of them. They have not carried out their duty of loyalty to the CA when voting on issues that are financially deterimental to Pulte. They have not abstained from voting as is required by law. The CA attorney is also complicit in allowing this violation of state law to continue without taking action against the Interested Directors on the board.

All three of the Pulte directors should be required to resign their positions on the board for failing to abstain on votes concerning their employer - Pulte. The CA attorney also needs to resign or be terminated for failing to protect the interests of the CA and its members.

In the future any decision that the CA board of directors needs to consider that involves Pulte should be referred to an impartial committee (not made up of Pulte baised members) for an impartial recommendation. Any Pulte appointed board of directors on the board need to be required to abstain from voting on such issues.

Pulte and its three appointed board of directors, headed by Brent Baker, have been violating the law and basically - DOUBLE DEALING - when it comes to voting on CA issues that involve Pulte. Really, we have had an employee of Pulte negotiating with Pulte on behalf of the CA???? How unfair and unjust is that??

Please raise your voices in demanding the resignation of all three current Pulte employees that are now on the Board of Directors of the CA as well as the resignation of the CA attorney.

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