Old Mill Homeowners Association

Key facts from Old Mill Homeowners Association's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners association (OLD MILL HOMEOWNERS ASSOCIATION, INC.)

Legal name

OLD MILL HOMEOWNERS ASSOCIATION, INC.

Governing law

Louisiana Non-Profit Corporation law (Article VII, Section 7.01)

Special assessments

Board may levy special assessment if budget insufficient or for nonrecurring expenses; supplemental budget furnished to Owners (Article II, Section 2.12)

Reserves & fees

annual budget may provide for reserve for contingencies and replacements in reasonable amounts (Article II, Section 2.11)

Voting & meetings

one vote per Lot; multiple owners determine among themselves; only one vote per Lot (Article I, Section 1.05)

Amendments

Board may alter/amend Bylaws by majority vote of all Board members, provided not inconsistent with Louisiana Non-Profit Corporation law or Articles; HUD/VA has veto during Class B membership (Article VII, Section 7.01)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.