Bylaws Condo Association With Regulations In Contra Costa
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The winding up process includes, among other things, giving notice of the dissolution to creditors of the HOA (Corporations Code § 8618), paying all known liabilities and debts (Corporations Code §§ 8713, 8714), selling assets (Corporations Code § 8710), and distributing any remaining assets to homeowners.
The new HOA law in California, passed in September 2024, includes amendments to the Davis-Stirling Act of 1985. These amendments make it possible for HOAs to conduct elections online rather than through costly and time-consuming paper balloting.
The new law expands Civil Code section 4775 and adds a new sub-section “c” to Civil Code section 5550 and states that unless an HOA's governing documents state otherwise, HOAs will be responsible for necessary maintenance, repairs, or replacement following any gas, heat, water, or electrical service interruption ...
What are unenforceable HOA rules? Keep you out of court. Hush up litigation. Discriminate indiscriminately. Enter your home without cause or notice. String you out on the (clothes)line. Fine you for fun. Change rules on the fly. Demand you take down your dish.
