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.
Utah law does not require any particular amount of reserves for associations.
To form an HOA in Utah, one must adhere to state-specific statutes, primarily the Utah inium Ownership Act and the Utah Community Association Act. The formation process begins with recording a declaration in the county where the property is located.
Associations can restrict parking on private roads owned by the association, but typically anyone can park on a public street. However, theoretically an owner could enter a contract not to park on a public street.
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.
Utah law does not require any particular amount of reserves for associations.
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.