864. Meetings of the board of directors. A. The board of directors may hold regular or special meetings in or out of the Commonwealth.A corporation shall hold a meeting of members annually at a time stated in or fixed in accordance with the bylaws. During a board meeting, the HOAs board of directors will host an open monthly or quarterly meeting with all community members. Know who can attend and participate. Board meetings are business meetings of the board of directors. This article is intended to discuss options available to Virginia nonstock corporations to continue corporate governance best practices. The DC Condominium Act requires that all meetings of a Board of Directors be open to all members of an Association who are in good standing.