Establishes the Joint Legislative Study Committee on Homeowners' Associations (Committee), consisting of 12 members, with six members from the House of Representatives, appointed by the Speaker of the House, and six from the Senate, appointed by the President Pro Tempore. Sets out provisions for establishing cochairs and for filling vacancies on the Committee. Provides that the Committee may exercise all powers provided for under GS 120-19 and GS Chapter 120, Article 5A. Sets out the topics the Committee can study, including homeowners' protection and participation in the governance of their homeowners' associations, particularly as to assessments and record-keeping.
Allows the Committee to submit an interim report to the 2015 General Assembly when it reconvenes in 2016, with a final report, including findings and legislative recommendations, to be submitted to the 2017 General Assembly. Requires the Committee to terminate after the filing of its final report.
Bill H 336 (2015-2016)Summary date: Mar 24 2015 - View summary