GRF Board Candidate Requirements
The campaign cycle for the Golden Rain Foundation (GRF) Board of Directors will begin soon. During 2023, an odd-numbered year, the GRF Board seats representing the odd-numbered Mutuals are up for election.
1. The candidate cannot be convicted of a crime that would either prevent GRF from purchasing fidelity bond coverage or terminate GRF’s existing coverage, be current in the payment of carrying charges which does not include non-payment of collection charges, late charges, fines, fines rename assessments, costs levied by a third party, or if the member has (1) paid under protest per Civil Code Section 5658, (2) has entered into and is currently on a payment plan, or (3) if the member has not been provided the opportunity to engage in Internal Dispute Resolution (IDR). The candidate is a member of GRF for at least one year.
2. Candidates may self-nominate or be nominated by their GRF Nominating Committee or Board of Directors.
3. 50-1631-4 Application for Candidacy forms are available in the Stock Transfer Office on the bottom floor of the Administration Building beginning Wednesday, Feb. 15. Candidates who are self-nominated must complete a 50-1631-4 Application for Candidacy before 4 p.m. on Friday, March 31.
4. Candidates who are nominated by their GRF Nominating Committee or Board of Directors will have their names submitted to Stock Transfer by the GRF Secretary. Upon receipt of any submitted names, the GRF Board Office will contact each candidate and arrange for them to confirm their candidacy by receiving and completing an “Application for Candidacy” and candidate instructions.
5. In accordance with 30-5025-3 GRF Election Procedures, each candidate shall submit a statement, or resume, of no more than 300 words, single sided, to the Stock Transfer Office. Statements shall be written in compliance with the election rules, e.g., contain the background, qualifications, and platform of the candidate, and shall not contain any disparaging or defamatory content. All Statements are due before 4:30 p.m. on Friday, March 31.
6. Per Foundation by-laws, 30-5025-3 GRF Election Procedures, section 3.1.2. Candidates shall complete a 50.1632-4 Candidate Eligibility Disclaimer to set forth that they are qualified to serve on the GRF Board of Directors.
7. When turning in the 50-1631-4 Application for Candidacy, 50-1632-4 Candidate Eligibility Disclaimer, and Statement, members must show GRF ID. Candidates will receive a receipt when turning in their application materials.
8. To avoid any potential conflict of interest, no member of the GRF Board of Directors or their spouse may be employed by the Foundation.
GRF Board Candidates must sign a 50-1632- 4 Candidate Eligibility Disclaimer stating that they are eligible to serve as a Director and a member for one year.
9. Candidates who complete a timely 50-1631-4 Application for Candidacy (or are nominated by a GRF nominating committee or Board) will be listed on the Secret Mail-in Ballot. Ballot packets containing the Secret Mail-in Ballot, postage-paid envelopes, balloting instructions, and deadlines will be mailed to each household in odd-numbered Mutuals on Friday, May 5. The GRF By-Laws have no provisions for write-in candidates on the ballots or for nominations from the floor.
For further information on being a candidate for the GRF Board, call 562-431-6586, ext. 346 for Stock Transfer, or ext. 303, for the Board of Directors Office.
