Katherine

Key facts from Katherine's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners' Association (Name of Association: "Katherine Homeowne)

Legal name

Katherine Homeowners' Association, Inc.

Developer / declarant

JLS Custom Homes, Inc.

Governing law

Oregon Planned Community Act (ORS 94) and Oregon Nonprofit Corporation Act (Article III, Section 4(b): "The powers, )

Assessments & dues

Board adopts annual budget and determines Regular Assessment at its annual meeting within 30 days after annual Owners meeting (Article V, Section 8.3: "At each annual )

Maintenance

Corporation has maintenance responsibilities as set forth in Section 3.9 of the Declaration; costs paid as described in Article IX, Section 2 (Article XIV: "The Corporation shall have)

Insurance

Reasonable deductible not to exceed the lesser of $10,000 or 1% of face value (Article XI, Section 1: "The policies obt)

Voting & meetings

One vote per Lot for Class A members; Declarant as Class B member receives 3 votes per Lot owned until conversion to Class A (Article III, Section 3(a): "Lots shall b)

Amendments

Bylaws may be amended by majority of Directors present at meeting with at least 2 days written notice and copy/summary of amendment; exceptions: provisions relating to election, qualifications, powers, duties or terms of Directors require O (Article XVI, Section 1: "these Bylaws ma)

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