2011 Regular Session

SENATE BILL 264

File Code: Real Property
Sponsored By:
Senator Kelley
Entitled:
Common Ownership Communities - Fidelity Insurance - Indemnification

Synopsis:

Altering the scope of indemnification provided by fidelity insurance that the board of directors or other governing body of a cooperative housing corporation, council of unit owners or other governing body of a condominium, or board of directors or other governing body of a homeowners association is required to purchase; requiring a management company that provides specified services to a cooperative housing corporation, condominium, or homeowners association to purchase specified fidelity insurance; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
1/31
First Reading Judicial Proceedings
2/2
Hearing 2/16 at 1:00 p.m.
3/7
Favorable Report by Judicial Proceedings
3/8
Favorable Report Adopted
Second Reading Passed
3/10
Third Reading Passed (45-0)
House Action
3/11
First Reading Environmental Matters
3/22
Hearing 3/31 at 1:00 p.m.
3/29
Hearing cancelled
Hearing 3/31 at 1:30 p.m.
4/6
Referred to interim study by Environmental Matters

Bill indexed under the following Subjects:

Condominiums
Cooperative Associations
Crimes and Punishments -see also- Penalties and Sentnc; etc.
Fraud -see also- Forgery
Homeowners Associations
Housing -see also- Apartments; Condominiums; Mobile Homes
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Liability -see also- Good Samaritan
Records -see also- Land Records; Vital Records

Bill affects the following Statutes:

Corporations and Associations
( 5-6B-18.6 )
Real Property
( 11-114.1 , 11B-111.6 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered
Committee Votes :
Senate
Judicial Proceedings
House
Environmental Matters
Roll Call Vote (Legislative date is shown):
Senate
March 10, 2011: Third Reading Passed (45-0)