Summary of Original Version

Create a new section of KRS Chapter 381 to allow the appointment of a receiver for a planned community when it fails to maintain the infrastructure, common area, storm water detention or retention area, or other facility that it is legally obligated to maintain; allow a city to recover funds expended to repair, renovate, maintain, or otherwise bring violations up to code.

Summary of Amendment: House Committee Substitute 1

Summary Retain original provisions, except amend KRS 381.786 to state that property owners' associations are not subject to the provisions of KRS 381.785 to 381.801

Summary of Amendment: Senate Committee Substitute 1

Summary Retain original provisions, except delete amendments to KRS 381.786 concerning property owners' associations.

Statutes affected:
House Committee Substitute 1: 381.786
Current: 381.786