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In order to remove board members (including a president and/or treasurer), the members will need to follow the by-laws or other governing documents for your committee.
What you are going to be looking for specifically are the rules for what is called a "Recall" of an officer. Usually this will require a vote of a majority or "supermajority" (most organizations will require 60% or 2/3s of the members vote for the recall of an officer).
There will be both a requirement for the number of members that must participate in the recall election, AND, the percentage of those votes that is needed to remove the officer.
(So you are going to be looking for 3 things: 1) the procedure for your specific organization 2) the quorum necessary to remove these officers and 3) the majority vote necessary of that quorum to effectively remove the officers.)
All of this information will be in your governing documents, almost always in your By-Laws.