The proposed bill seeks to amend Title 33, Chapter 16, Article 1 of the Arizona Revised Statutes by adding Section 33-1820, which pertains to the governance of planned communities. The bill outlines specific powers that an Association within a planned community may exercise, subject to the provisions of the Declaration governing the community.
The new powers granted to the Association include the ability to adopt and amend bylaws and rules, budgets, and assessments; hire and discharge personnel; engage in legal proceedings; make contracts and incur liabilities; regulate and modify common areas; grant easements and impose charges for the use of common areas; charge for preparing and recording amendments or statements of unpaid assessments; indemnify officers and maintain liability insurance; and exercise any other powers conferred by the community documents or by legal entities of the same type in the state.
Statutes affected: Introduced Version: 33-1820