HomeMy WebLinkAbout0012 al~ votes of each class of inembership shall constitute
a quorum. If the required quorum is not forthcoming
at any meeting, another meeting may be called, subject
to the notice requirement set forth in Sections 5 and
6, and-~the required quorum at any such subsequent meeting
shall be one-half of the required quorum at the preceding
meeting.
Section 8. Duties of the Board of Directors.
The Board of Directors of the Association shall fix the
Date of Commencement and the amount of the assessment
against each Living Unit for each assessment period of
at least thirty (30) days in advance of such date or
period and shall, at that time, prepare a roster of the
properties and assessments agplicable thereto which shall
be kept in the office of the Association and shall be
open to inspection by any Owner. Written notice of the
assessment shall thereupon be sent to every Owner subject
thereto.
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The Association shall upon demand at any time furni~ '
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to any Owner liable for said assessment a certi~icate ~
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, in writing signed by an officer of the Association, set- ~
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~ ting forth whether said assessment has been paid. Such
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; certificate shall be conclusive evidence of payment of ;
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€ any assessment therein stated to have been paid. 3
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~ Section 9. Effect of Non-Payment of Assessment; '
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~ The Personal Obligation of the Owner; The Lien; Remedies ~
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~ of Association. If the assessments are not paid on the ;
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= date when due (being the dates specified in Section 3
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~ hereof), then such assessment shall become delinquent ~
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and shall, together with such interest thereon and cost '
~ of collection thereof as hereinafter pr~vided, thereupon
- become a continuing lien on the property which-shall
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