Custer Creek Farms Home Owners

What Custer Creek Farms Home Owners's governing documents say

Custer Creek Farms is a single-family home HOA in Richardson, TX. This document is the Association's Bylaws (not the full Declaration of Covenants, Conditions, and Restrictions), which govern the internal operations of the HOA board and membership.

• Membership & Dues: Annual membership dues were $75.00 for 2006 and may be changed by a majority vote of the Board of Directors. New homeowners succeed to membership for the calendar year if the prior owner paid dues; otherwise dues are prorated from the purchase date.
• Meetings & Voting: An annual meeting of members is held each year. Special meetings may be called by the President or two members. A quorum is 25% of members in good standing. Each lot is entitled to one vote, and voting may be conducted by mail or secure website.
• Board of Directors: The Board consists of five directors elected by members for two-year terms. A majority of the Board constitutes a quorum. Directors serve without salary but may be compensated for other services.
• Financial Controls: Checks and drafts over $3,000 require prior Board approval. Payments over $1,000 require two officer signatures. All funds are deposited in accounts selected by the Board.
• Assessment Use & Purpose: Dues and assessments are used exclusively for promoting health, safety, and welfare of members, and for maintaining common properties, greenbelt areas, walkways, and related insurance.
• Bylaw Amendments: Bylaws may be amended by a vote of the Board of Directors at a regular or special meeting, provided at least two days' written notice of the proposed change is given.
• What this document doesn't cover: This is only the Bylaws. It does not contain the community's use restrictions (e.g., pets, leasing, parking, architectural standards, age restrictions). Those rules are likely in the separate Declaration of Covenants, Conditions, and Restrictions (CC&Rs) referenced in the text.

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.