Texas law requires property owners' associations to hold at least one annual meeting of their members. Yes, state law allows for all property types, including "noncondominium" properties, to conduct virtual annual meetings.Corporations typically hold several required formal meetings each year. The exact requirements vary depending on state laws and your corporation's bylaws. It is my sincere hope that this handbook will make it easier for public officials and citizens to understand and comply with the Texas Open. This discussion covers upcoming projects, annual budget, and board member elections. Your community manager should also attend your board's annual meetings. How do I access and fill out the submission form? Login to the Liaison Center. Regular meetings of the board of directors may be held with or without notice as prescribed in the nonprofit corporation's Bylaws.