2012 Regular Session


File Code: Real Property Prior Year Introduction As: SB 264/11 - JPR Crossfiled with: HOUSE BILL 741
Sponsored By:
Senator Kelley
Common Ownership Communities - Fidelity Insurance - Indemnification


Altering the scope of indemnification provided by fidelity insurance that the board of directors or other governing body of a cooperative housing corporation, council of unit owners or other governing body of a condominium, or board of directors or other governing body of a homeowners association is required to purchase; requiring a management company that provides specified services to a cooperative housing corporation, condominium, or homeowners association to purchase specified fidelity insurance; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
Senate Action
First Reading Judicial Proceedings
Hearing 2/7 at 1:00 p.m.
Unfavorable Report by Judicial Proceedings
House Action
No Action

Bill indexed under the following Subjects:

Cooperative Associations
Crimes and Punishments -see also- Penalties and Sentnc; etc.
Fraud -see also- Forgery
Homeowners Associations
Housing -see also- Apartments; Condos; Mobile & Manuf Homes
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Liability -see also- Good Samaritan
Records -see also- Land Records; Vital Records

Bill affects the following Statutes:

Corporations and Associations
( 5-6B-18.6 )
Real Property
( 11-114.1 , 11B-111.6 )


All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered
Committee Votes :
Judicial Proceedings