This By-Laws document contains the following information: the name and location of the corporation, the shareholders, and the duties of the officers.
Hoa Bylaws Template With Formulas In Salt Lake
Category:
State:
Multi-State
County:
Salt Lake
Control #:
US-00444
Format:
Word;
Rich Text
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FAQ
Utah HOAs are primarily governed by the Utah Revised Nonprofit Corporation Act as well as specific legislation pertaining to iniums and community associations. These state laws are designed to work in conjunction with relevant federal laws to ensure that HOAs operate within the legal framework.
Is it mandatory to join a Utah HOA? In Utah, if an individual buys a house in an area where an HOA already exists, they have to join and start contributing to the association.
Utah law does not require any particular amount of reserves for associations.
The dissolution process is done with Utah Division of Corporations following this general process: Under Utah Code § 16-6a et seq., HOAs/COAs that are registered nonprofit corporations may be dissolved following Utah Code § 16-1 et seq.
Who can give me information about a specific HOA? Ask your licensed real estate professional, your local Judge of Probate or call/visit the subdivision office. All HOAs have documents on file in the Probate Judge's office locally.