A significant concern to owners of closely held businesses is what happens to the business if one of the owners can no longer participate in its operations. This situation commonly results when one owner of the Company dies. However, the same situation can result if an owner becomes disabled, retires, or loses his/herGo to Resource
Blog
In our April 15th blog post, we reported that the Owners Association Conflict of Interest bill, HB 11-1124, was signed into law. This bill amends Section 38-33.3-209.5 of CCIOA to require conflict of interest policies to: Define when conflict of interests exist Adopt procedures to follow when a conflict of interest exists, includingGo to Resource
Transfer Fees. SB 11-234, the Transfer Fee bill, passed out of its committee of origin with minor amendments today. As we reported in our April 11, 2011 post, this bill is good for the community association industry because it would not affect fees collected by homeowners associations and condominiums and their managing agents. Go to Resource
Bedbugs seem to be infesting more and more communities, and these infestations are not limited to Colorado. In fact, New York is experiencing such a huge bedbug problem, the New York City Council rolled out its own website on bedbugs, hoping to educate New York residents on this issue. Would creation of anGo to Resource
We’ve seen a lot of legislative action recently on issues important to Colorado’s community association industry: Last Thursday the Transfer Fee bill, SB 11-234, was introduced in the Senate following long negotiations with stakeholders stretching back over two years. As introduced, this bill is positive for homeowners associations, and would not affect feesGo to Resource