Final answer:
True. In emergency situations, boards may act without the standard 48-hour notice if their governing documents or local laws allow for such action. This allows for swift decision-making when necessary, but specifics can vary by entity and jurisdiction.
Step-by-step explanation:
In situations of emergency, it is often true that a governing board, such as a board of directors or a board for a homeowners association, may need to take action swiftly without adhering to standard notice requirements. In these instances, the typically required 48-hour notice for meetings may be waived to make crucial decisions promptly.
However, the specifics of this allowance can vary depending on the jurisdiction and the governing documents of the organization or entity in question. It is important to consult the bylaws or legal provisions applicable to ensure compliance with relevant regulations. Some bylaws might allow for shorter notice or even action without a meeting if all board members consent in writing.