GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1993

H	1 

HOUSE BILL 919

Short Title:  Property Owners' Assoc. LRC.	(Public)
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Sponsors: Representatives R. Thompson; and Bowman.
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Referred to:  Rules, Calendar, and Operations of the House.
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April 13, 1993

A BILL TO BE ENTITLED
AN ACT TO AUTHORIZE THE LEGISLATIVE RESEARCH COMMISSION TO STUDY THE NEED FOR A PROPERTY OWNERS' ASSOCIATION ACT.
The General Assembly of North Carolina enacts:
Section 1.  The Legislative Research Commission may study the need for a property owners' association act in North Carolina.   In conducting its study, the Commission shall investigate the need for legislation that would allow property owners' associations to establish and collect assessments in an amount necessary to maintain the common property within a planned development that is owned, leased, or otherwise required to be maintained by a property owners' association for the use of its members.
Sec. 2.  The Commission may report its findings and recommendations to the 1995 General Assembly, and may make an interim report to the 1994 Regular Session of the 1993 General Assembly.
Sec. 3.  This act is effective upon ratification.