Orchidland B of D liability issue

[DoryGray]

Does anyone have any info on the liability situation for the Orchidland Board of Directors? As a property owner, I received a ballot for/against a special assessment to buy liability insurance for the Board members, since they can't get insurance elsewhere. They talk about the Board resigning if there is no liability insurance & the Association falling into receivership, but no one seems to know what that means. It's difficult to make an informed choice w/o all the facts. John R, do you know?