Whispering Meadows Residential Association, Inc.

What Whispering Meadows Residential Association, Inc.'s governing documents say

This is a first amendment to the bylaws of Whispering Meadows Residential Association, Inc., a Texas non-profit corporation governing a residential community in Prosper, Collin County. It primarily defines how the association is run—membership, voting, board structure, and meetings—rather than day-to-day homeowner rules. It is a partial document, so it does not contain the full set of community rules.

• Membership & voting: Every lot owner is automatically a member, with one vote per lot. Multiple owners of a lot share that single vote and must designate one person to cast it. Voting can be in person, by proxy, absentee, or electronic, and a quorum is 10% of votes.
• Board of directors: The board has five directors, each serving two-year terms. Directors must be members, and anyone convicted of a felony or crime involving moral turpitude within the last 20 years is ineligible. Directors can be removed by a majority vote of members.
• Meetings & notice: Annual member meetings are held near the end of the fiscal year, with notice given 10–60 days in advance. Board meetings are open to members, with notice requirements varying by meeting type (e.g., 144 hours for regular, 72 hours for special). Certain actions, like fines or assessment increases over 10%, must be done in open, noticed meetings.
• Assessments & finances: The board can levy assessments as detailed in the Declaration, and can borrow money, but loans exceeding 25% of the annual budget require member approval. The board must provide an unaudited annual report within 120 days of fiscal year end.
• Enforcement & rules: The board has the power to enforce the governing documents, including imposing fines and penalties, and can adopt rules for common areas. It can also initiate legal action to enforce covenants.
• What this document doesn't cover: This is only an amendment to the bylaws; it does not include the full Declaration of Covenants, Conditions, and Restrictions, which contains the actual property-use rules (e.g., architectural control, pet restrictions, leasing limits). Those are referenced but not included here.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.