§ 81-308A. Executive board meeting.
§ 81-308A. Executive board meeting. (a) A meeting of the executive board must be held at least quarterly. Special meetings of the executive board may be called by the president or a majority of the executive board. For purposes of this section, “meetings of the executive board” do not include incidental or other informal gatherings […]
§ 81-309. Quorums.
§ 81-309. Quorums. (a) Unless the bylaws provide otherwise, a quorum is present throughout any meeting of the association if: (1) Persons entitled to cast at least 20 percent of the votes in the association are present in person, by proxy or by ballot at the beginning of the meeting, provided that at least 25 […]
§ 81-310. Voting; proxies.
§ 81-310. Voting; proxies. (a) If only 1 of several owners of a unit is present at a meeting of the association, that owner is entitled to cast all the votes allocated to that unit. If more than 1 of the owners is present, the votes allocated to that unit may be cast only in […]
§ 81-311. Tort and contract liability; tolling of limitation period.
§ 81-311. Tort and contract liability; tolling of limitation period. (a) A unit owner is not liable, solely by reason of being a unit owner, for an injury or damage arising out of the condition or use of the common elements. Neither the association nor any unit owner except the declarant is liable for that […]
§ 81-312. Conveyance or encumbrance of common elements.
§ 81-312. Conveyance or encumbrance of common elements. (a) In a condominium or planned community, portions of the common elements may be conveyed or subjected to a security interest by the association if persons entitled to cast at least 80 percent of the votes in the association, including 80 percent of the votes allocated to […]
§ 81-313. Insurance.
§ 81-313. 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 and, in a planned community, also on property that must become common elements, insuring against […]