Reference is to the bill as introduced.
Amend the bill, as and if amended, by adding a new section appropriately numbered to read:
/ SECTION __. Section 27-30-120(6) of the 1976 Code, as added by Act 245 of 2018, is amended to read:
"(6) 'Homeowners
association' or 'association' means an entity developed to
manage and maintain a planned community or horizontal property
regime for which there is a declaration requiring a person, by
virtue of his ownership of a separate property within the
planned community or horizontal property regime, to pay
assessments for a share of real estate taxes, insurance
premiums, maintenance, or improvement of, or services or other
expenses related to, common elements and other real estate
described in that declaration. A 'homeowners association' or
'association' does not include a vacation timesharing plan
organized and subject only to the provisions of
Chapter 32. /
Renumber sections to conform.
Amend title to conform.