The purpose of an Association Meeting is for the Board to conduct Association business. A meeting may also be called in order to elect Board members.Under both the CPA and CICAA, an association's board must meet at least 4 times annually. Notice of every board of managers meeting must be placed in. What Happens at HOA Annual Meetings? The annual meeting must be held once per year. At this meeting, new members are voted onto the association board. Association meetings must take place at least annually if not more frequently. The annual meeting must be held once per year. At this meeting, new members are voted onto the association board.