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By-Laws Of Association Form. This is a Official Federal Forms form and can be use in US Department Of Housing And Urban Development.
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BY-LAWS
OF
ASSOCIATION
U.S. Department of Housing
and Urban Development
Office of Housing
ARTICLE I
NAME AND LOCATION. The name of the corporation is _____________________________________,
hereinafter referred to as the “Association”. The principal office of the corporation shall be located at
_____________________________________ but meetings of members and directors may be held at such
places within the State of ___________________________, County of _________________ as may be
designated by the Board of Directors.
ARTICLE II
DEFINITIONS
Section 1. “Association” shall mean and refer to ____________________________________
___________________________________________, its successors and assigns.
Section 2. “Properties” shall mean and refer to that certain real property described in the Declaration of
Covenants, Conditions and Restrictions, and such additions thereto as may hereafter be brought within
the jurisdiction of the Association.
Section 3. “Common Area” shall mean all real property owned by the Association for the common use and
enjoyment of the Owners.
Section 4. “Lot” shall mean and refer to any plot of land shown upon any recorded subdivision map of the
Properties with the exception of the Common Area.
Section 5. “Owner” shall mean and refer to the record owner, whether one or more persons or entities, of
the fee simple title to any Lot which is a part of the Properties, including contract sellers, but excluding
those having such interest merely as security for the performance of an obligation.
Section 6. “Declarant” shall mean and refer to _______________________, its successors and assigns if
such successors or assigns should acquire more than one undeveloped Lot from the Declarant for
the purpose of development.
Section 7. “Declaration” shall mean and refer to the Declaration of Covenants, Conditions and Restrictions
applicable to the Properties recorded in the Office of __________________________.
Section 8. “Member” shall mean and refer to those persons entitled to membership as provided in the
Declaration.
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ARTICLE III
MEETING OF MEMBERS
Section 1. Annual Meetings. The first annual meeting of the members shall be held within one year from
the date of incorporation of the Association, and each subsequent regular annual meeting of the members
shall be held on the same day of the same month of each year thereafter, at the hour of _______ o’clock, P. M.
If the day for the annual meeting of the members is a legal holiday, the meeting will be held at the same
hour on the first day following which is not a legal holiday.
Section 2. Special Meetings. Special meetings of the members may be called at any time by the president
or by the Board of Directors, or upon written request of the members who are entitled to vote one-fourth (1/4)
of all of the votes of the Class A membership.
Section 3. Notice of Meetings. Written notice of each meeting of the members shall be given by, or at the
direction of, the secretary or person authorized to call the meeting, by mailing a copy of such notice, postage
prepaid, at least 15 days before such meeting to each member entitled to vote thereat, addressed to the
member’s address last appearing on the books of the Association, or supplied by such member to the Association for the purpose of notice. Such notice shall specify the place, day and hour of the meeting, and, in the
case of a special meeting, the purpose of the meeting.
Section 4. Quorum. The presence at the meeting of members entitled to cast, or of proxies entitled to cast,
one-tenth (1/10) of the votes of each class of membership shall constitute a quorum for any action except as
otherwise provided in the Articles of Incorporation, the Declaration, or these By-Laws. If, however, such
quorum shall not be present or represented at any meeting, the members entitled to vote thereat shall have
power to adjourn the meeting from time to time, without notice other than announcement at the meeting, until a
quorum as aforesaid shall be present or be represented.
Section 5. Proxies. At all meetings of members, each member may vote in person or by proxy. All proxies
shall be in writing and filed with the secretary. Every proxy shall be revocable and shall automatically cease
upon conveyance by the member of his Lot.
ARTICLE IV
BOARD OF DIRECTORS: SELECTION: TERM OF OFFICE
Section 1. Number. The affairs of this Association shall be managed by a Board of nine (9) directors, who
need not be members of the Association.
Section 2. Term of Office. At the first annual meeting the members shall elect three directors for a term of
one year, three directors for a term of two years and three directors for a term of three years; and at each
annual meeting thereafter the members shall elect three directors for a term of three years.
Section 3. Removal. Any director may be removed from the Board, with or without cause, by a majority
vote of the members of the Association. In the event of death, resignation or removal of a director, his successor shall be selected by the remaining members of the Board and shall serve for the unexpired term of his
predecessor.
Section 4. Compensation. No director shall receive compensation for any service he may render to the
Association. However, any director may be reimbursed for his actual expenses incurred in the performance of
his duties.
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ARTICLE IV Continued
Section 5. Action Taken Without a Meeting. The directors shall have the right to take any action in the
absence of a meeting which they could take at a meeting by obtaining the written approval of all the directors.
Any action so approved shall have the same effect as though taken at a meeting of the directors.
ARTICLE V
NOMINATION AND ELECTION OF DIRECTORS
Section 1. Nomination. Nomination for election to the Board of Directors shall be made by a Nominating
Committee. Nominations may also be made from the floor at the annual meeting. The Nominating Committee
shall consist of a Chairman, who shall be a member of the Board of Directors, and two or more members of
the Association. The Nominating Committee shall be appointed by the Board of Directors prior to each annual
meeting of the members, to serve from the close of such annual meeting until the close of the next annual
meeting and such appointment shall be announced at each annual meeting. The Nominating Committee shall
make as many nominations for election to the Board of Directors as it shall in its discretion determine, but not
less than the number of vacancies that are to be filled. Such nominations may be made from among members
or non-members.
Section 2. Election. Election to the Board of Directors shall be by secret written ballot. At such election the
members or their proxies may cast, in respect to each vacancy, as many votes as they are entitled to
exercise under the provisions of the Declaration. The persons receiving the largest number of votes shall be
elected. Cumulative voting is not permitted.
ARTICLE VI
MEETINGS OF DIRECTORS
Section 1. Regular Meetings. Regular meetings of the Board of Directors shall be held monthly without
notice, at such place and hour as may be fixed from time to time by resolution of the Board. Should said
meeting fall upon a legal holiday, then that meeting shall be held at the same time on the next day which is not
a legal holiday.
Section 2. Special Meetings. Special meetings of the Board of Directors shall be held when called by the
president of the Association, or by any two directors, after not less than three (3) days notice to each director.
Section 3. Quorum. A majority of the number of directors shall constitute a quorum for the transaction of
business. Every act or decision done or made by a majority of the directors present at a duly held meeting
at which a quorum is present shall be regarded as the act of the Board.
ARTICLE VII
POWERS AND DUTIES OF THE BOARD OF DIRECTORS
Section 1. Powers. The Board of Directors shall have power to:
(a) adopt and publish rules and regulations governing the use of the Common Area and facilities, and the
personal conduct of the members and their guests thereon, and to establish penalties for the infraction
thereof;
(b) suspend the voting rights and right to use of the recreational facilities of a member during any period
in which such member shall be in default in the payment of any assessment levied by the Association. Such
rights may also be suspended after notice and hearing, for a period not to exceed 60 days for infraction of
published rules and regulations;
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ARTICLE VII continued
(c) exercise for the Association all powers, duties and authority vested in or delegated to this Association
and not reserved to the membership by other provisions of these By-Laws, the Articles of Incorporation, or the
Declaration;
(d) declare the office of a member of the Board of Directors to be vacant in the event such member shall
be absent from three (3) consecutive regular meetings of the Board of Directors; and
(e) employ a manager, an independent contractor, or such other employees as they deem necessary, and
to prescribe their duties.
Section 2. Duties. It shall be the duty of the Board of Directors to:
(a) cause to be kept a complete record of all its acts and corporate affairs and to present a statement
thereof to the members at the annual meeting of the members, or at my special mating when such statement is
requested in writing by one-fourth (1/4) of the Class A members who are entitled to vote;
(b) supervise all officers, agents and employees of this Association, and to see that their duties are
properly performed;
(c) as were fully provided in the Declaration, to:
(1) fix the amount of the annual assessment against each Lot at least thirty (30) days in advance of
each annual assessment period;
(2) send written notice of each assessment to every Owner subject thereto at least thirty (30) days in
advance of each annual assessment period; and
(3) foreclose the lien against any property for which assessments are not paid within thirty (30) days
after due date or to bring an action at law against the owner personally obligated to pay the same.
(d) issue, or to cause an appropriate officer to issue, upon demand by any person, a certificate setting
forth whether or not any assessment has been paid. A reasonable charge may be made by the Board for the
issuance of these certificates. If a certificate states an assessment has been paid, such certificate shall be
conclusive evidence of such payment;
(e) procure and maintain adequate liability and hazard insurance on property owned by the Association;
(f) cause all officers or employees having fiscal responsibilities to be bonded, as it may deem appropriate;
(g) cause the Common Area to be maintained.
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ARTICLE VIII
OFFICERS AND THEIR DUTIES
Section 1. Enumeration of Officers. The officers of this Association shall be a president and vice-president,
who shall at all times be members of the Board of Directors, a secretary, and a treasurer, and such other
officers as the Board may from time to time by resolution create.
Section 2. Election of Officers. The election of officers shall take place at the first meeting of the Board of
Directors following each annual meeting of the members.
Section 3. Term. The officers of this Association shall he elected annually by the Board and each shall hold
office for one (1) year unless he shall sooner resign, or shall be removed, or otherwise disqualified to serve.
Section 4. Special Appointments. The Board may elect such other officers as the affairs of the Association
may require, each of whom shall hold office for such period, have such authority, and perform such duties as
the Board may, from time to time, determine.
Section 5. Resignation and Removal. Any officer may be removed from office with or without cause by the
Board. Any officer may resign at any time giving written notice to the Board, the president or the secretary.
Such resignation shall take effect on the date of receipt of such notice or at any later time specified therein,
and unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it
effective.
Section 6. Vacancies. A vacancy in any office may be filled by appointment by the Board. The officer
appointed to such vacancy shall serve for the remainder of the term of the officer he replaces.
Section 7. Multiple Offices. The offices of secretary and treasurer may be held by the same person. No
person shall simultaneously hold more than one of any of the other offices except in the case of special offices
created pursuant to Section 4 of this Article.
Section 8. Duties. The duties of the officers are as follows:
President
(a) The president shall preside at all meetings of the Board of Directors; shall see that orders and resolutions of the Board are carried out; shall sign all leases, mortgages, deeds and other written instruments and
shall co-sign all checks and promissory notes.
Vice-President
(b) The vice-president shall act in the place and stead of the president in the event of his absence, inability
or refusal to act, and shall exercise and discharge such other duties as may be required of him by the Board.
Secretary
(c) The secretary shall record the votes and keep the minutes of all meetings and proceedings of the Board
and of the members; keep the corporate seal of the Association and affix it on all papers requiring said seal;
serve notice of meetings of the Board and of the members; keep appropriate current records showing the
members of the Association together with their addresses, and shall perform such other duties as required by
the Board.
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ARTICLE VIII continued
Treasurer
(d) The treasurer shall receive and deposit in appropriate bank accounts all monies of the Association and
shall disburse such funds as directed by resolution of the Board of Directors; shall sign all checks and promissory notes of the Association; keep proper books of account; cause an annual audit of the Association books
to be made by a public accountant at the completion of each fiscal year; and shall prepare an annual budget
and a statement of income and expenditures to be represented to the membership at its regular annual
meeting, and deliver a copy of each to the members.
ARTICLE IX
COMMITTEES
The Association shall appoint an Architectural Control Committee, as provided in the Declaration, and a
Nominating Committee, as provided in these By-Laws. In addition, the Board of Directors shall appoint other
committees as deemed appropriate in carrying out its purpose.
ARTICLE X
BOOKS AND RECORDS
The books, records and papers of the Association shall at all times, during reasonable business hours, be
subject to inspection by any member. The Declaration, the Articles of Incorporation and the By-Laws of the
Association shall be available for inspection by any member at the principal office of the Association, where
copies may be purchased at reasonable cost.
ARTICLE XI
ASSESSMENTS
As more fully provided in the Declaration, each member in obligated to pay to the Association annual and
special assessments which are secured by a continuing lien upon the property against which the assessment
is made. Any assessments which are not paid when due shall be delinquent. If the assessment is not paid
within thirty (30) days after the due date, the assessment shall bear interest from the date of delinquency at the
rate of
percent per annum, and the Association may bring an action at law against the Owner personally obligated to pay the same or foreclose the lien against the property, and interest, costs, and reasonable
attorney’s fees of any such action shall be added to the amount of such assessment.
No Owner may waive or otherwise escape liability for the assessments provided for herein by nonuse of the
Common Area or abandonment of his Lot.
ARTICLE XII
CORPORATE SEAL
The Association shall have a seal in circular form having within its circumference the words:
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ARTICLE XIII
AMENDMENTS
Section 1. These By-Laws may be amended, at a regular or special meeting of the members, by a vote of a
majority of a quorum of members present in person or by proxy, except that the Federal Housing Administration or the Veterans Administration shall have the right to veto amendments while there is Class B membership.
Section 2. In the case of any conflict between the Articles of Incorporation and these By-Laws, the Articles
shall control; and in the case of any conflict between the Declaration and these By-Laws, the Declaration shall
control.
ARTICLE XIV
MISCELLANEOUS
The fiscal year of the Association shall begin on the first day of January and end on the 31st day of
December of every year, except that the first fiscal year shall begin on the date of incorporation.
IN WITNESS WHEREOF, we, being all of the directors of the _____________________
______________________________________________________________ Association,
have hereunto set our hands this _______ day of ___________________, 20 __.
__________________________________
__________________________________
__________________________________
__________________________________
__________________________________
__________________________________
__________________________________
__________________________________
__________________________________
__________________________________
__________________________________
(Add appropriate acknowledgment)
CERTIFICATION
I, the undersigned, do hereby certify:
THAT I am the duly elected and acting secretary of the _________________________
_____________________________________________ Association, a ______________
(State)
corporation, and, THAT the foregoing By-Laws constitute the original By-Laws of said Association as duly
adopted at a meeting of the Board of Directors thereof, held on the ____________________ day of
________________________, 20 ___.
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the sealof said Association this
___________ day of __________________, 20 ___.
________________________
Secretary
Page 7 of 7
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