Hickory Vlg Homeowners A

What Hickory Vlg Homeowners A's governing documents say

This is the corporate bylaws for Hickory Village Homeowners Association, Inc., which governs a condominium community in Denton County, Texas. It is a governance document for the association, not a full set of homeowner rules. The bylaws detail how the association is run — meetings, board elections, budgeting, and assessments — but do not contain typical use restrictions like leasing, pets, or architectural rules. For those rules, you must refer to the Condominium Declaration and any separately adopted rules and regulations.

• Membership & voting: Every unit owner automatically becomes a member. Each unit gets one weighted vote proportional to its share in the common elements. Voting cannot be split among co-owners. Presently there are 23 units. A majority of unit owners (51% of votes) constitutes a quorum.
• Board of Directors: Initially 3 directors, expandable to 7. Directors serve staggered three-year terms; at the first annual meeting, one-third serve 1 year, one-third 2 years, one-third 3 years. Directors can be removed with or without cause by a majority of unit owners. Board must meet at least quarterly.
• Assessments: Monthly assessments are levied pro rata according to each unit's ownership share in the common elements. Assessments are due monthly in advance. The board can adjust, increase, or levy special assessments by majority vote. Owners must be current on assessments to vote.
• Insurance: The association must maintain property insurance on insurable common elements at maximum replacement value, plus comprehensive liability insurance (minimums: $100k/person, $300k/accident, $50k property damage, plus a $1M umbrella). Also insures fixtures and equipment acquired by the association.
• Amendments: After declarant control ends, bylaw amendments require approval of owners representing at least 66-2/3% of the aggregate interest in the general common elements. Before that, the declarant can unilaterally amend to correct errors or meet lender/government requirements.
• Declarant control: The original developer (Randy Feucht Construction, Inc.) retained control of the association until January 1, 1988, or sale of 75% of units, or when the developer determined the project is self-supporting — whichever came first. This document was recorded in 1985, so control has likely since transferred to unit owners.
• What this document doesn't cover: These bylaws do not contain specific residential rules such as lease restrictions, pet limits, age qualifications, parking rules, or architectural guidelines. For those, refer to the Condominium Declaration and any separately adopted rules and regulations.

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.