§ 11B-116. Amendment of governing document

Latest version.

   (a) "Governing document" defined. -- In this section, "governing document" includes:

   (1) A declaration;

   (2) Bylaws;

   (3) A deed and agreement; and

   (4) Recorded covenants and restrictions.

(b) Timing of amendment. -- Notwithstanding the provisions of a governing document, a homeowners association created before January 1, 1960, may amend the governing document once every 5 years, or more frequently if allowed by the governing document, by the affirmative vote of lot owners having at least two-thirds of the votes in the development, or by a lower percentage if required in the governing document.

HISTORY: 2008, ch. 144, § 2; ch. 145, § 2.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');