Section 47-7C-8 – Meetings.
A meeting of the association shall be held at least once each year. Special meetings of the association may be called by the president, a majority of the executive board or by unit owners having twenty percent, or any lower percentage specified in the bylaws, of the votes in the association. Not less than ten […]
Section 47-7C-9 – Quorums.
A. Unless the bylaws provide otherwise, a quorum is present throughout any meeting of the association if persons entitled to cast twenty percent of the votes which may be cast for election of the executive board are present in person or by proxy at the beginning of the meeting. B. Unless the bylaws specify a […]
Section 47-7C-10 – Voting; proxies.
A. If only one of the multiple owners of a unit is present at a meeting of the association, he is entitled to cast all the votes allocated to that unit. If more than one of the multiple owners are present, the votes allocated to that unit may be cast only in accordance with the […]
Section 47-7C-11 – Tort and contract liability.
Neither the association nor any unit owner except the declarant is liable for that declarant’s torts in connection with any part of the condominium which that declarant has the responsibility to maintain. Otherwise, any action alleging a wrong done by the association shall be brought against the association and not against any unit owner. If […]
Section 47-7C-12 – Conveyance or encumbrance of common elements.
A. Portions of the common elements may be conveyed or subjected to a security interest by the association if persons entitled to cast at least eighty percent of the votes in the association, including eighty percent of the votes allocated to units not owned by a declarant, or any larger percentage the declaration specifies, agree […]
Section 47-7C-13 – Insurance.
A. Commencing not later than the time of the first conveyance of a unit to a person other than a declarant, the association shall maintain, to the extent reasonably available: (1) property insurance on the common elements insuring against all risks of direct physical loss commonly insured against or, in the case of a conversion […]
Section 47-7C-1 – Organization of unit owners’ association.
A unit owners’ association shall be organized no later than the date the first unit in the condominium is conveyed. The membership of the association at all times shall consist exclusively of all the unit owners or, following termination of the condominium, of all former unit owners entitled to distributions of proceeds under Section 30 […]
Section 47-7C-2 – Powers of unit owners’ association.
A. Except as provided in Subsection B of this section, and subject to the provisions of the declaration, the association may: (1) adopt and amend bylaws and rules and regulations; (2) adopt and amend budgets for revenues, expenditures and reserves and collect assessments for common expenses from unit owners; (3) hire and discharge managing agents […]
Section 47-7C-3 – Executive board members and officers.
A. Except as provided in the declaration, the bylaws or other provisions of the Condominium Act, the executive board may act in all instances on behalf of the association. In the performance of their duties, the officers and members of the executive board are required to exercise, if appointed by the declarant, the care required […]