Since Governor Hickenlooper has signed Colorado House Bill 1237 into law, I thought it would be an appropriate topic for this blog. HB 1237 will require community associations in Colorado to be more transparent with regard to their record keeping. This bill should leave no doubt as to what is required when it comes to disclosure and will go into effect January 1, 2013. The goal is that HB1237 will serve to clear up parts of the Colorado Common Interest Ownership Act -- which were too vague in describing exactly what type of records associations should make available to owners. I believe the FPLOA will be impacted by this new legislation in a good way. Many of us have been complaining about “transparency” with regard to records, contracts, financial reports, etc. So, for the next 12 days, I am going to post one (1) point addressed in HB 1237.My goal is to educate our readers about their soon-to-be “new” rights as members of the FPLOA and the association’s requirements to provide specific information, when requested. Oh, by the way, we will no longer be required to state a ‘reasonable purpose’ before we are allowed to inspect and obtain copies of association records. One other note of interest, CAI members have been told that “some (Colorado) legislators, with seemingly safe seats, are focused on introducing legislation next year that will ‘put teeth into CCIOA” to ensure that associations are complying with the ‘homeowner bill of rights’ provisions of the act -- which equals ENFORCEMENT. Yahoo!There is no doubt that HB 1237 will allow members to more actively participate in the business and affairs of our association. I hope you will appreciate “12 days of Colorado’s HB 1237” and rejoice in the improved transparency it is intended to bring to OUR Colorado community association and many others throughout the state.No matter who is elected to the board of directors, the ‘writing is on the wall’ and WE need to be cleaning up the FPLOA “act”. After all, 2013 is just right around the corner.8 Temmuz 2012 Pazar
A Victory for Transparency - "Twelve Days of Colorado's HB1237"
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Since Governor Hickenlooper has signed Colorado House Bill 1237 into law, I thought it would be an appropriate topic for this blog. HB 1237 will require community associations in Colorado to be more transparent with regard to their record keeping. This bill should leave no doubt as to what is required when it comes to disclosure and will go into effect January 1, 2013. The goal is that HB1237 will serve to clear up parts of the Colorado Common Interest Ownership Act -- which were too vague in describing exactly what type of records associations should make available to owners. I believe the FPLOA will be impacted by this new legislation in a good way. Many of us have been complaining about “transparency” with regard to records, contracts, financial reports, etc. So, for the next 12 days, I am going to post one (1) point addressed in HB 1237.My goal is to educate our readers about their soon-to-be “new” rights as members of the FPLOA and the association’s requirements to provide specific information, when requested. Oh, by the way, we will no longer be required to state a ‘reasonable purpose’ before we are allowed to inspect and obtain copies of association records. One other note of interest, CAI members have been told that “some (Colorado) legislators, with seemingly safe seats, are focused on introducing legislation next year that will ‘put teeth into CCIOA” to ensure that associations are complying with the ‘homeowner bill of rights’ provisions of the act -- which equals ENFORCEMENT. Yahoo!There is no doubt that HB 1237 will allow members to more actively participate in the business and affairs of our association. I hope you will appreciate “12 days of Colorado’s HB 1237” and rejoice in the improved transparency it is intended to bring to OUR Colorado community association and many others throughout the state.No matter who is elected to the board of directors, the ‘writing is on the wall’ and WE need to be cleaning up the FPLOA “act”. After all, 2013 is just right around the corner.
Since Governor Hickenlooper has signed Colorado House Bill 1237 into law, I thought it would be an appropriate topic for this blog. HB 1237 will require community associations in Colorado to be more transparent with regard to their record keeping. This bill should leave no doubt as to what is required when it comes to disclosure and will go into effect January 1, 2013. The goal is that HB1237 will serve to clear up parts of the Colorado Common Interest Ownership Act -- which were too vague in describing exactly what type of records associations should make available to owners. I believe the FPLOA will be impacted by this new legislation in a good way. Many of us have been complaining about “transparency” with regard to records, contracts, financial reports, etc. So, for the next 12 days, I am going to post one (1) point addressed in HB 1237.My goal is to educate our readers about their soon-to-be “new” rights as members of the FPLOA and the association’s requirements to provide specific information, when requested. Oh, by the way, we will no longer be required to state a ‘reasonable purpose’ before we are allowed to inspect and obtain copies of association records. One other note of interest, CAI members have been told that “some (Colorado) legislators, with seemingly safe seats, are focused on introducing legislation next year that will ‘put teeth into CCIOA” to ensure that associations are complying with the ‘homeowner bill of rights’ provisions of the act -- which equals ENFORCEMENT. Yahoo!There is no doubt that HB 1237 will allow members to more actively participate in the business and affairs of our association. I hope you will appreciate “12 days of Colorado’s HB 1237” and rejoice in the improved transparency it is intended to bring to OUR Colorado community association and many others throughout the state.No matter who is elected to the board of directors, the ‘writing is on the wall’ and WE need to be cleaning up the FPLOA “act”. After all, 2013 is just right around the corner.
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