MS HB1366 | 2011 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on February 1 2011 - 100% progression
Action: 2011-02-01 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Create The Uniform Common Interest Ownership Act; To Define Certain Terms; To Provide For The Applicability Of The Act; To Address Separate Titles And Taxation; To Address The Effect Of Eminent Domain And Other Supplemental Provisions Of Law; To Provide For Uniformity In The Application Of This Act; To Address Unconscionable Provisions; To Require Good Faith; To Provide For Monetary Adjustments; To Provide For Certain Exceptions; To Provide For The Applicability Of Preexisting Common Interest Communities; To Provide For Governing Instruments And Amendments Thereto; To Provide For The Applicability To Nonresidential And Mixed Use Communities; To Provide For Exempt Covenants; To Provide For The Creation Of Common Interest Communities; To Address Boundaries; To Provide For The Construction And Validity Of Declarations And Bylaws; To Provide For Leasehold Common Interest Communities; To Provide For The Allocation Of Allocated Interests; To Address Plats And Plans; To Provide For The Exercise Of Development Rights; To Provide For The Alteration Of Units; To Provide For The Reallocation Of Unit Boundaries; To Provide For Easements And Use Rights; To Allow Amendments To Declarations; To Provide For The Termination Of A Common Interest Community; To Provide For The Rights Of Secured Lenders; To Provide For Mergers And Consolidations; To Provide For The Management Of Common Interest Communities; To Provide For Unit Associations And Prescribe Their Duties And Powers; To Provide For The Governance Of Associations; To Provide For The Transfer Of Rights; To Provide For Termination; To Provide For Upkeep; To Address Meeting Quorums; To Address Liability Of Associations; To Address Conveyances And Encumberances; To Require Insurance; To Allow Assessments And Liens; To Require Record Keeping; To Provide Rule Making Authority; To Provide For The Removal Of Officers; To Address Budgeting And Litigation Issues; To Provide For The Protection Of Purchasers; To Address Warranties; To Bring Forward Sections 89-9-1 Through 89-9-37, Mississippi Code Of 1972, For Purposes Of Amendment; And For Related Purposes.

Tracking Information

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Title

Uniform laws; enact Uniform Common Interest Ownership Act.

Sponsors


History

DateChamberAction
2011-02-01 Died In Committee
2011-01-17 Referred To Judiciary A

Mississippi State Sources


Bill Comments

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