Lori Saine
- Republican
Primary
The bill requires that, before the executive board of a unit owners' association (HOA) in a common interest community brings suit against a developer or builder on behalf of unit owners based on a defect in construction work not ordered by the HOA itself, the board must: Notify all unit owners and the developer or builder against whom the lawsuit is being considered; Call a meeting at which the executive board and the developer or builder will have an opportunity to present relevant facts and arguments and the developer or builder may, but is not required to, make an offer to remedy the defect; and Obtain the approval of a majority of the unit owners after giving them detailed disclosures about the lawsuit and its potential costs and benefits. The meeting of unit owners commences a 90-day voting period during which the HOA will accept votes for or against proceeding with the lawsuit. Statutes of limitation are tolled during this period. The HOA is required to keep copies of its mailing list and maintain records of the votes received. The voting period may end in less than 90 days if sufficient votes are received to approve the lawsuit before 90 days have elapsed. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Governor Signed
Sent to the Governor
Signed by the President of the Senate
Signed by the Speaker of the House
Senate Third Reading Passed - No Amendments
Senate Second Reading Passed - No Amendments
Senate Committee on Business, Labor, & Technology Refer Unamended - Consent Calendar to Senate Committee of the Whole
Introduced In Senate - Assigned to Business, Labor, & Technology
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee, Floor
House Committee on State, Veterans, & Military Affairs Refer Amended to House Committee of the Whole
Introduced In House - Assigned to State, Veterans, & Military Affairs
| Bill Text Versions | Format |
|---|---|
| Amendment L.007 | |
| Amendment L.006 | |
| Amendment L.005 | |
| Amendment L.004 | |
| Amendment L.003 | |
| Amendment L.001 | |
| Committee Amendment | |
| PA1 (04/21/2017) | |
| Introduced (03/17/2017) | |
| Engrossed (04/21/2017) | |
| Reengrossed (04/24/2017) | |
| Revised (05/03/2017) | |
| Rerevised (05/04/2017) | |
| Final Act (05/18/2017) | |
| Signed Act (05/23/2017) |
| Document | Format |
|---|---|
| Fiscal Note FN1 (03/24/2017) | |
| Fiscal Note FN2 (07/24/2017) |
Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.