Have you ever wondered or been posed with the question of “what gives the board authority to adopt rules when the governing documents don’t specifically authorize this?” The answer is Section 302(1)(a) of CCIOA. In fact, Section 302(1) of CCIOA sets forth a plethora of powers associations may utilize even when their governing documents do not contain such powers (as long as the powers are not specifically prohibited by the documents).
These powers include, but are not limited to adoption of rules, imposing late fees for delinquent assessments, entering into contracts on behalf of the association, and regulating the use of common elements in the community. After you’ve had an opportunity to review the entire list of powers, let us know your thoughts on the list. Is it too much? Not enough? What other powers should associations have that are not listed in CCIOA?