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2010 SESSION

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HB 468 Common interest communities; exemptions from licensure, powers and duties.

Introduced by: Vivian E. Watts | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Common interest communities; exemptions from licensure; powers and duties of Common Interest Community Board. Provides that a resident who provides bookkeeping, billing, or record keeping services to his association for compensation is not required to be licensed as a common interest community manager provided the fidelity bond maintained by the association insures the association against losses resulting from theft or dishonesty committed by such person. The bill requires that of the three citizen members of the Common Interest Community Board, one such member must serve or have served on the governing board of an association that is not professionally managed at the time of appointment. The bill contains technical amendments.


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