57-8a-201. Payment of a common expense or assessment.
- (1) An owner shall pay the owner’s proportionate share of:
- (a) the common expenses; and
- (b) any other assessments levied by the association.
- (2) A payment described in Subsection (1) shall be in the amount and at the time determined by the board of directors in accordance with the terms of the:
- (a) declaration; or
- (b) bylaws.
- (3) An assessment levied against a lot is:
- (a) a debt of the owner at the time the assessment is made; and
- (b) collectible as a debt described in Subsection (3)(a).
Enacted by Chapter 153, 2004 General Session