Have you ever received a demand from an owner or multiple owners to call a special meeting of members? The demand may have been to schedule a recall meeting, or it may have been to discuss a particular issue. Regardless of the cause for such demands, many boards do not know what to do withGo to Resource
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HB22-1137 is all the rage lately, isn’t it? New procedures, notices, lengths of payment plans, limitations on fines, keeping better track of communications regarding all of the above – whoo! Exhausted just thinking about it! But… the first step in complying with the most recent HOA law in Colorado is to get the updated policiesGo to Resource
Have owners in your association ever approached you with a request to switch assigned parking spaces or garages that are allocated as limited common elements and your association’s documents? What did you tell them, and did you know that the Colorado Common Interest Ownership Act (“CCIOA”) specifically addresses this issue for post-CCIOA communities (i.e. createdGo to Resource
Colorado Revised Nonprofit Corporation Act
ARTICLE 121 GENERAL PROVISIONS PART 1 SHORT TITLE AND RESERVATION OF POWER 7-121-101. Short title. Articles 121 to 137 of this title shall be known and may be cited as the “Colorado Revised Nonprofit Corporation Act”. 7-121-102. Reservation of power to amend or repeal. The general assembly has the power to amend or repeal allGo to Resource
When it comes to director duties and obligations, people throw around lots of terms, such as “fiduciary”, “duty”, and “best interests”. But rarely does anyone reference a specific statute, or specific language, in a statute addressing board duties. The truth of the matter is that such a statutory provision does exist. It’s cleverly hidden inGo to Resource