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§ 11B-116. Amendments to governing documents

West's Annotated Code of MarylandReal PropertyEffective: October 1, 2017

West's Annotated Code of Maryland
Real Property (Refs & Annos)
Title 11b. Maryland Homeowners Association Act (Refs & Annos)
Effective: October 1, 2017
MD Code, Real Property, § 11B-116
§ 11B-116. Amendments to governing documents
Definitions
(a)(1) In this section the following words have the meanings indicated.
(2) “Governing document” includes:
(i) A declaration;
(ii) Bylaws;
(iii) A deed and agreement; and
(iv) Recorded covenants and restrictions.
(3) “In good standing” means not being more than 90 days in arrears in the payment of any assessment or charge due to the homeowners association.
Applicability of section
(b) This section does not apply to a homeowners association that issues bonds or other long-term debt secured in whole or in part by annual charges assessed in accordance with a declaration, or to a village community association affiliated with the homeowners association.
Amendment by affirmative vote
(c) Notwithstanding the provisions of a governing document, a homeowners association may amend the governing document by the affirmative vote of lot owners in good standing having at least 60% of the votes in the development, or by a lower percentage if required in the governing document.

Credits

Added by Acts 2008, c. 144, § 2, eff. Oct. 1, 2008; Acts 2008, c. 145, § 2, eff. Oct. 1, 2008. Amended by Acts 2017, c. 480, § 1, eff. Oct. 1, 2017.
MD Code, Real Property, § 11B-116, MD REAL PROP § 11B-116
Current through legislation effective June 1, 2019, from the 2019 Regular Session of the General Assembly.
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