File Code: Corporations and Associations
Crossfiled with: HOUSE BILL 1053
- Sponsored By:
-
Senators Kelley, Conway, Garagiola, Pugh, Raskin, Rosapepe, and Stone
- Entitled:
-
Common Ownership Communities - Fidelity Bond Coverage
Requiring specified governing or managing bodies of a cooperative
housing corporation, condominium, or homeowners association to execute
a fidelity bond for specified purposes in a specified amount;
prohibiting the total liability of the surety to all insured persons
under the bond from exceeding the sum of the bond; establishing that
specified unit or lot owners may submit a specified dispute to the
Division of Consumer Protection of the Office of the Attorney General;
etc.
Legislative date is used to record
history occuring in the Chambers
otherwise Calendar date is used.
Senate Action
- 2/1
- First Reading Judicial Proceedings
- 2/6
- Hearing 2/21 at 1:00 p.m.
- 3/17
- Unfavorable Report by Judicial Proceedings
House Action
- No Action
Sponsored by:
- Senator Delores G. Kelley, District 10
- Senator Joan Carter Conway, District 43
- Senator Rob Garagiola, District 15
- Senator Catherine E. Pugh, District 40
- Senator Jamie Raskin, District 20
- Senator Jim Rosapepe, District 21
- Senator Norman R. Stone, Jr., District 6
Bill indexed under the following Subjects:
- Bonds -see also- County & Baltimore City Bonds; State Bonds.
- Condominiums
- Consumer Protection -see also- Unfair Trade Practices
- Cooperative Associations
- Homeowners Associations
- Housing -see also- Apartments; Condominiums; Mobile Homes
- 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
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments:
None offered
