§ 11B-113. Homeowners association depository

   (a) Location. -- There is a homeowners association depository in the office of the clerk of the court in each county and the City of Baltimore.

(b) Establishment and maintenance. -- Consistent with the duties of a clerk of a court as enumerated in § 2-201 of the Courts and Judicial Proceedings Article, the clerk of the court shall establish and thereafter maintain a depository for the purpose of making available to the public upon request the information to be deposited by homeowners associations.

(c) Document file separate from land records; contents; availability for public view or copying. -- The depository shall:

   (1) Be established and maintained in each county and the City of Baltimore as a document file separate from the land records of the county or City;

   (2) Contain a record of the names of all homeowners associations for each county and the City of Baltimore;

   (3) Contain all disclosures deposited by a homeowners association; and

   (4) Be available to the public for viewing and for obtaining copies during the regular business hours of the office of the clerk.

(d) Duties of the clerk and State Court Administrator. --

   (1) The clerk of the court is authorized to regulate the form and manner of documents deposited into the depository and to collect fees for a deposit.

   (2) The clerk of the court shall permit the deposit of copies of disclosures, however reproduced.

   (3) The clerk of the court may adopt regulations as necessary or desirable to implement the depository.

   (4) The State Court Administrator shall establish, so as to cover the reasonable and ordinary expenses of maintaining the depository, the amount of the fees that the clerk of the court may charge for deposits in the depository.

   (5) (i) The clerk of the court shall maintain a depository index; and

      (ii) All disclosures shall be filed under the name of the homeowners association.

(e) Contents not recordation under Title 3. -- Material contained in the depository may not be viewed as recordation under Title 3 of this article.

HISTORY: 1988, ch. 82; 1989, ch. 5, § 1.