§ 47C-3-103 – Executive board members and officers.
47C-3-103. Executive board members and officers. (a) Except as provided in the declaration, the bylaws, in subsection (b) or in other provisions of this chapter, 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 shall be deemed […]
§ 47C-3-104 – Transfer of special declarant rights.
47C-3-104. Transfer of special declarant rights. (a) No special declarant right (G.S. 47C-1-103(23)) created or reserved under this chapter may be transferred except by an instrument evidencing the transfer recorded in every county in which any portion of the condominium is located. Except for the transfer of declarant rights pursuant to subsection (c) of this […]
§ 47C-3-105 – Termination of contracts and leases of declarant.
47C-3-105. Termination of contracts and leases of declarant. If entered into by or on behalf of the association before the executive board elected by the unit owners pursuant to G.S. 47C-3-103(f) takes office, (1) any management contract, employment contract, or lease of recreational or parking areas or facilities, (2) any other contract or lease between […]