SB17-157
Construction Defect Actions Notice Vote Approval
| Type | Bill |
|---|---|
| Session | 2017 Regular Session |
| Subjects |
Concerning prerequisites for the authority of a unit owners' association to pursue litigation involving alleged construction defects, and, in connection therewith, imposing notification, disclosure, and voting requirements prior to commencement of an action.
Bill Summary:
The bill requires that, before the executive board of a unit owners' association (HOA) in a common interest community brings suit against a developer or builder on behalf of unit owners, the board must:
- Notify all unit owners; and
- Except when the HOA contracted with the developer or builder for the work complained of or the amount in controversy is less than $100,000, obtain the approval of a majority of the unit owners after giving them detailed disclosures about the lawsuit and its potential costs and benefits.
(Note: This summary applies to this bill as introduced.)
Committees
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 02/17/2017 | Introduced |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 17-157 to the Committee of the Whole. | The motion failed on a vote of 2-5. | Vote summary |
| Postpone Senate Bill 17-157 indefinitely using a reversal of the previous roll call. | The motion passed on a vote of 5-2. | Vote summary |
| Date | Location | Action |
|---|---|---|
| 03/13/2017 | Senate | Senate Committee on Business, Labor, & Technology Postpone Indefinitely |
| 02/17/2017 | Senate | Introduced In Senate - Assigned to Business, Labor, & Technology |