Page 13 - Corporations Code Section News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Many laws are changing for California HOAs this year, and here is a recap of the most important changes.

As a practical matter, investors and other corporate stakeholders value the ability to compare diversity data across companies' boards of directors (Boards)...

Answers to readers questions

The 2021 Legislative season in California has ended, and five good HOA bills (a record in recent decades) are becoming law. Here's a look at two of them.

1. Check with the members. Amending CC&Rs usually takes a supermajority (i.e., more than simply a majority of the quorum), so a good idea isn’t enough — it still needs widespread support. A great proposed amendment is meaningless if the homeowners will not vote for it. 2. Avoid controversial amendments. Be aware of subjects which could be very upsetting to some members. Avoid issues on which a widespread consensus cannot be achieved, such as changing assessment allocations or unpopular use restrictions. 3. The board can pass some amendments. Certain amendments can be approved in an op...