The proposed bill amends Arizona Revised Statutes by adding a new section (33-1820) that outlines the powers and responsibilities of associations within planned communities. The new language specifies that associations can adopt and amend bylaws, budgets, and rules; hire and manage employees; engage in litigation; regulate common areas; and impose fees related to the use of these areas. Additionally, it allows for the indemnification of officers and the maintenance of liability insurance for directors.

This bill expands the current law by explicitly detailing the powers of associations, which were previously less defined. It introduces specific provisions for financial management, legal actions, and operational governance, thereby enhancing the authority and responsibilities of associations in managing planned communities.

Statutes affected:
Introduced Version: 33-1820