Article 40. Procedure for convocation and conduct of the general meeting of members of the partnership

The general meeting of members of the partnership is convened at least once a year in the procedure established by the charter of the partnership.

An extraordinary general meeting of members of the partnership may be convened on the initiative of the board, members of the partnership possessing not less than ten percent of the votes in the partnership, and also at the demand of the revision commission.

If the agenda of the general meeting of members of the partnership includes the consideration and approval of plans of works for the maintenance of common property, estimates of incomes and expenses, reports on their execution, and the sizes of mandatory contributions, the board of the partnership is obliged to ensure the possibility for members of the partnership to get acquainted with the drafts of these documents before the holding of the general meeting of members of the partnership.

The general meeting of members of the partnership is considered quorum-capable if more than fifty percent of the members of the partnership or their representatives are present. In partnerships uniting owners of premises of more than one multi-apartment house, at least fifty percent of the owners of premises of each multi-apartment house or their representatives must be present at the meeting.

Each member of the partnership possesses one vote at the general meeting of members of the partnership.

The spouse of a member of the partnership has the right to participate and vote at the general meeting of members of the partnership on their behalf without a power of attorney, provided they reside together.

If the residential premise belongs on the right of common ownership to two or more persons, then one of the co-owners participates and votes on their behalf at the general meeting of members of the partnership with the consent of the others. At the same time, each of them has the right to vote at the general meeting of members of the partnership within the limits of one vote.

The general meeting of members of the partnership is conducted by the chairman of the meeting, elected at the beginning of each meeting by a simple majority of votes from among the members of the partnership. A secretary of the meeting is also elected by a simple majority of votes from among the members of the partnership at the beginning of each meeting, who keeps the protocol of the meeting