HomeMy WebLinkAbout2048 Condominjum, these Articlea of Incorporation and the Bylaws of the
Association.
3.4 The powers of the Aseociation ahall be subject to and shall
be exercised in accordance with the proviaions of_t~e Declaration of
Condominium and the Bylaws.
ARTICLE IV
4.1 The members of the Aseociation shall consist of all of the
record vwners of apartments in the Condaninium, hereinafter referred to
as "Co~tdom3nlum lfiitat', and after termination of the Condaminium ehall
coneist of those who are members at the time of such teYminetion~ ~nd
their succeasore and essigne.
4.2 Membership ahall be acquired by recording in the PuhLic
Recorda of St. Lucie County, Florida, a deed or other instrument estab_
lishing record title to a Condominium Unit in the Condomini~zm, the owner
designated by auch instrument thus becoming a member of the Association,
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and the membership of the prior awner being thereby terminated, provided,
however, any party who owns more than one unit shell remain a member of
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I the Associetion so long as he shall retein tifi le ~o or a fee ownership `
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; interest in any unit.
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i 4.3 The share of a member in the funds and assets of the
' Association cannot be assigned, hypothecated or transferred in any manner
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~ except as an appurtenance to his Condominium Unit.
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} 4.4 On ail mariers upon which the membership shall be entitled
~ to vote, there shall be one vof-e for each unit, a~hich vote may be exercised
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~ or cast in such manner as may be provided in the Bylaws of the Association.
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~ Any person or entity awning more th$n one unit shall be enti~led to one
~ vote for each unit he awne. _
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ARTICLE V -
The Association shall have perpetual existence.
'i ARTICI.E VI
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The names and addresses of the subscribers to these Articles of
Ineorporation are: -
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