Legislation
- Title
- Cooperative Housing Corporations, Condominiums, and Homeowners Associations - Reserve Studies
- Sponsored by
- Delegate Holmes
- Status
- In the House - Withdrawn by Sponsor
- Analysis
- Fiscal and Policy Note
Synopsis
Requiring the governing body of certain cooperative housing corporations, condominiums, and homeowners associations to have a reserve study conducted by a certain date and at 5-year intervals under certain circumstances; requiring a certain reserve study to meet certain criteria; establishing that the governing body of a cooperative housing corporation or a homeowners association and the board of directors of a condominium have authority to increase a certain assessment notwithstanding certain provisions; etc.
Committees
Details
Bill File Type: Regular
Effective Date(s): October 1, 2019
History
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File Code
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Subjects
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Statutes
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(
5-6B-26.1 )
(
11-109, 11-109.2, 11-109.4, 11-110, 11B-106.1, 11B-112.2, 11B-112.3, 11B-117 )
Last Updated: 2/3/2020 2:31 PM