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2018 SESSION

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HB 1121 Property owners' association; subject to provisions of Va. Nonstock Corporation Act, etc.

Introduced by: Kelly K. Convirs-Fowler | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Property Owners' Association Act; Common Interest Community Board; compliance of property owners' associations with the Virginia Nonstock Corporation Act. Codifies that a property owners' association subject to the provisions of the Virginia Nonstock Corporation Act ( 13.1-801 et seq.) must comply with the provisions of the declaration, the Property Owners' Association Act ( 55-508 et seq.), and the Virginia Nonstock Corporation Act. The bill requires the Common Interest Community Board to intervene in the internal activities of an association to the extent necessary to prevent or cure violations of the provisions in Title 54.1 (Professions and Occupations) regarding common interest communities, the provisions pursuant to which the association is created, and the Virginia Nonstock Corporation Act, if the association is subject to that Act.


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