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A mutual-benefit nonprofit corporation or membership corporation is a type of nonprofit corporation in the US, similar to other mutual benefit organizations found in some of common law nations, chartered by government with a mandate to serve the mutual benefit of its members.
During a Special City Council Meeting [3] on May 19, 2005, the Shannon Hills City Council passed two ordinances [4] [5] to approve petitions [6] [7] presented by the owners of Hometex, LLC (Doug Loftin, Thomas Cunningham, and Travis Bull) to form Improvement Districts No. 53 and 54 on Emerald Mountain.
A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents. [1]
The Uniform Common Interest Ownership Act was created to provide a model set of laws to govern condominium, cooperative, homeowner association and planned unit development communities in the United States. Variations of the act have been adopted in Colorado, Washington (state), and some other states.
Nearly a third of Washington state residents live in a community association, according to research from the Community Associations Institute.In 2021, the most recent data shows, there were more ...
Beneficial owners hold specific property rights ("use and title") in equity belong to a person even though legal title of the property belongs to another person. Beneficial owner is subject to a state's statutory laws regulating interest or title transfer. [2] This often relates where the legal title owner has implied trustee duties to the ...
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State Date passed Date in effect Legislation Alabama December 31, 2020 January 1, 2021 Act 2020-73, §8. [11] Arizona: April 30, 2013: December 31, 2014: SB 1238 Archived March 4, 2016, at the Wayback Machine: Arkansas: April 19, 2013: July 18, 2013: HB 1510: California: October 9, 2011: January 1, 2012: AB 361 for FPCs; revised and renamed as ...