Laserfiche WebLink
Article IV <br /> Membership in Association <br /> Section 41.1 Every Owner of a lot shall be a member of the Association. <br /> Membership shall be appurtenant to and may not be separated from the fee simple title <br /> such lot. Wien the property is transferred,the membership in the Association shall be <br /> transferred with the ownership of the lot. <br /> ARTICLE V <br /> Voting Fights <br /> Section 5.1 "dotes"Each lot shall receive one vote. If there is more than one <br /> owner of a lot,the owners wilt have to determine between them how the vote is to be <br /> Used. <br /> Section 5.2 "Salst3eusion of Voting-Right "If an Owner fails to pay any <br /> assessment made by the Association,the Association may suspend his voting privileges <br /> until the same is paid. <br /> ARTICLE III <br /> Powers and Duties of Association <br /> In addition to other powers granted to it by the laws of the State of Colorado and <br /> the United States of America, the Association shall have the power and duty to: <br /> Section 6.1 "Maintenance of Boards" Maintain, improve, repair and otherwise <br /> manage the roads within the property, This shall include erosion control n Conjunction <br /> with the Iot owner, along the roads. Culverts shall be installed to maintain the natural <br /> drainage. <br /> declaration of Covenants,Conditions <br /> And Restrictions of F.ii.Funding Corporation-Page 5 <br />