The board has the authority, subject to the affirmative vote of not less than 2/3 of the votes of unit owners at a meeting duly called for that purpose, to merge the association into another corporation or consolidate the association with another corporation to form a new entity. It is rare for an association to have a need for a merger and this step should be taken very carefully. In most cases, there are complicated technical requirements that must be met. The merger would have to be accomplished through both an appropriate amendment to the declaration of condominium and an appropriate corporate resolution and filing. In addition, a number of practical issues, such as insurance coverage and accounting concerns, must be addressed carefully.