VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

2018 SESSION

• | print version

SB 861 Property Owners' Association Act; member approval required for certain capital expenditures.

Introduced by: Bryce E. Reeves (by request) | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Property Owners' Association Act; member approval required for certain capital expenditures. Requires a property owners' association's board of directors, before making expenditures on capital components that exceed $1 million, to obtain the approval of a majority of lot owners who are members in good standing of the property owners' association. The requirements do not affect capital components approved by the board of directors and fully funded prior to July 1, 2018.

FULL TEXT

• 01/17/18  Senate: Presented and ordered printed 18104791D  pdf | impact statement

HISTORY

• 01/17/18  Senate: Presented and ordered printed 18104791D
• 01/17/18  Senate: Referred to Committee on General Laws and Technology
• 01/29/18  Senate: Passed by indefinitely in General Laws and Technology with letter (14-Y 0-N)