Missouri River Big Bend II Homeowners Association

Key facts from Missouri River Big Bend II Homeowners Association's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Missouri River Big Bend II Homeowners Association, Inc.

Developer / declarant

Sunlight Partners, LLC (Page 23 (incorporator signature); Page 2)

Governing law

Montana Nonprofit Mutual Benefit Corporation (Mont. Code Ann. § 35-2-539) (Page 25 (proxy form references § 35-2-53)

Assessments & dues

Board estimates annual budget and sets annual assessment; budget must be presented to members at least 30 days before year start; if members do not approve, budget cannot exceed prior year by more than 10% (Pages 13-14: Board to present budget at )

Special assessments

Requires two-thirds affirmative vote of aggregate voting power of qualified membership present at a meeting (Page 18: 'Special assessment must have a)

Collections & liens

Association may place lien on delinquent lot and foreclose judicially; lien includes costs, attorney fees; right to cure before sale; satisfaction recorded within 30 days of cure; Association may bid at sale (Pages 19-20: 'enforce payment obligation)

Reserves & fees

Budget includes item (3) 'Reserves' (Page 13: '(3) Reserves;')

Architectural approval

Yes, for construction and landscaping; Architectural Committee and Planning Committee review and approve land uses, site plans, house plans, landscaping (Page 16: 'The Planning Committee ... sha)

Setbacks / home size

Considered by Planning Committee among other factors (Page 16: 'exterior color, height, and to)

Voting & meetings

Each lot has one vote; multiple co-owners must agree or vote not counted; assignment to contract-for-deed purchaser possible; proxies allowed (Pages 2-4 (membership definition, assign)

Amendments

Articles of Incorporation may be amended by affirmative vote of two-thirds (2/3) of the membership (in person or by proxy). Bylaws amendment procedure not explicitly stated. (Articles of Incorporation §11 (Page 32):)

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