Bills open meetings, require more disclosure
POSTED: 04/10/2015 04:34:10 PM MDT
This legislative session Utah Gov. Gary Herbert signed six laws changing the way homeowner associations operate, including how they deal with rental units, conduct board meetings and make disclosures. The six bills are multi-faceted pieces of legislation and impact the associations in varying degrees. Some address procedural matters, while others will directly affect how association business and meetings are conducted. Homeowner associations (HOA) operate as nonprofit corporations to maintain common areas and establish specific neighborhood covenants and restrictions. Read the article.