ARTICLE 4. Management and Governance
Article 4 added by Stats. 2004, Ch. 697, Sec. 14.
§§ 11265–11275 · 12 sections
- § 11265 (a) For single site time-share plans and component sites of a specific time-share interest multisite time-share plan, the following requirements apply: (1)…
- § 11265.1 (a) Regular and special assessments levied pursuant to the time-share instrument are delinquent 30 days after they become due, unless the time-share instrument…
- § 11266 (a) An amendment of a provision of the declaration or other document establishing the time-share plan may not be adopted without the vote or written assent of…
- § 11267 (a) The time-share instruments shall require the use of a managing entity for the time-share plan or component site pursuant to a written management agreement…
- § 11268 (a) Unless impracticable because of the number of members of the association, their places of residence in relation to each other, the international nature of…
- § 11269 (a) A member of an association including associations that provide for unequal assessments against members, shall be entitled to one vote for each time-share…
- § 11270 (a) The governing body shall consist of three directors for an association that does not contemplate more than 100 members and either five or seven directors…
- § 11271 (a) Regular meetings of the governing body of the association shall be held as prescribed in the bylaws, but not less frequently than annually. (b) (1) Regular…
- § 11272 (a) The following information concerning the time-share plan shall be made available to all time-share interest owners in the time-share plan: (1) A proposed…
- § 11273 (a) The books of account, minutes of members and governing body meetings, and all other records of the time-share plan maintained by the association or the…
- § 11274 (a) The association shall not be authorized to cause the absolute forfeiture of a time-share interest owner’s right, title, or interest in the time-share plan…
- § 11275 (a) Any contractual provision or other provision in the time-share instruments implemented after July 1, 2005, setting forth terms, conditions, and procedures…