Did you know the term “association records” is defined by Colorado statute? The Colorado Common Interest Ownership Act (“CCIOA“) clarifies the rights and obligations of both homeowners and associations in this regard, including identification of which association documents owners have a right to inspect and copy. What Constitutes Association Records? CCIOA, in Section 317, providesGo to Resource
Governance Resources
The Colorado Common Interest Ownership Act (“CCIOA”) and the Colorado Revised Nonprofit Corporations Act (“Nonprofit Act”) are the two primary statutes governing homeowner associations in Colorado. These statutes are long, complex, and contain many provisions some people are not aware of. This article highlights a few of those important provisions. Nonprofit Act ☐ Meetings ofGo to Resource
Are you having trouble getting volunteers to serve on the association’s board? Are current directors submitting their resignations with nobody seemingly there to take their places? Although there are a number of reasons why individuals do not volunteer to serve on boards, failing to secure a board of directors can negatively impact your association. BecauseGo to Resource
The term “conflicts of interest” is often referred to and used in connection with community associations with respect to actions and decisions of board members. However, most people do not know what constitutes a legal conflict of interest as that term is defined by the Colorado Revised Nonprofit Corporation Act (“Nonprofit Act”). The Nonprofit ActGo to Resource
What are policies and why do they exist? The purpose of policies is to set forth a process to be followed with respect to various issues. A policy, in most cases, is a safety net for associations to ensure everyone is being treated the same and the same processes are followed every time. Nine “goodGo to Resource