Annual meeting. (a). ACKNOWLEDGMENTS. This guidebook reflects a collaborative effort.The notice shall describe the action and indicate that the action has been taken without a meeting of shareholders. The day, place and hour of such special meeting shall be set forth in the notice of special meeting. Notice of the annual meeting is mailed or delivered to the unit owners at least ten days before the scheduled date when using first-class or registered mail. However, the bill explicitly states NC associations may hold membership meetings virtually unless the governing documents prohibit them. 5. Is an Annual Meeting of Members required? Check out the information above regarding due dates. Only those entities listed are required to file annual reports.