Magnolia Point Community Association, Inc.

Key facts from Magnolia Point Community Association, Inc.'s documents

Reflects the 1987 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowner's Association (nonprofit corporation under Florida Chapter 617) (Article II Section 2.1 and Page 1 descri)

Governing law

Chapter 617, Florida Statutes (nonprofit); Florida Statute 720 referenced in ancillary notice (Article II Section 2.1(d) and September )

Assessments & dues

Affixed, levied, and collected pursuant to the Declaration of Covenants, Conditions, Restrictions and Easements. (Article II Section 2.1(b))

Voting & meetings

Corporation may or may not have members as Board directs; if members exist, they shall be those who request membership and pay fees as prescribed by Board. Original subscribers are initial members. (Article IV)

Amendments

Articles of Incorporation may be amended by two-thirds (2/3) vote of the Board of Directors (Article XI). Bylaws may be made, altered, or rescinded by two-thirds (2/3) vote of the Board of Directors (Article X). (Article X and Article XI)

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