Legislation
- Title
- Homeowners Associations - Adopted Annual Budget - Submission to Lot Owners
- Sponsored by
- Senator Lam
- Status
- In the Senate - Unfavorable Report by Judicial Proceedings
- Analysis
- Fiscal and Policy Note
Synopsis
Requiring the board of directors or other governing body of a homeowners association to submit the adopted annual budget to the lot owners not more than 30 days after the meeting at which the budget was adopted; and authorizing the adopted annual budget to be sent to each lot owner by electronic transmission, by posting on the homeowners association's home page, or by inclusion in the homeowners association's newsletter.
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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(
11B-112.2 )
Last Updated: 2/3/2020 2:34 PM