CCIOA Required Disclosures

As a board member or manager you are probably aware of an association’s responsibility to provide access to records in response to a member’s request. But did you know that an association has a direct obligation to disclose certain information to its members?  Section 38-33.3-209.4 of the Colorado Common Interest Ownership Act (“CCIOA”) requires associationsGo to Resource
Confusion commonly exists within community associations regarding the use of proxies and ballots.  Such confusion is understandable given the technical nature of the laws governing the use of proxies and ballots in Colorado.  However, if used properly, proxies and ballots may be used not only to encourage and increase individual participation in the association’s affairs,Go to Resource
The Colorado Common Interest Ownership Act (“CCIOA”) is the statute governing common interest communities in the state of Colorado.  One of the topics addressed by CCIOA is meetings, which are required to be open to attendance by its members or their designated agents. This requirement has led to questions concerning the obligation of an associationGo to Resource
There has consistently been much confusion in the industry as to owners’ rights when it comes to board meetings.  Specifically, many boards tend to get confused when it comes to owners’ rights of attendance and participation during board meetings.  After all, these meetings are how association business gets transacted, and boards believe there is noGo to Resource

CCIOA Insurance Requirements

Insurance is a necessary component of proper community association governance and risk management. All community associations are vulnerable to the loss of property and finances.  Board members have a fiduciary duty to protect association assets.  The association’s insurance program is a key component for asset protection.  How can a board of directors determine the particularGo to Resource
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