(a) The sole owner of the building or, if there is more than one (1), the co-owners representing two-thirds (2/3) of the total value of the building may, at any time, modify the system of administration, but each one of the particulars set forth in § 18-13-108 shall always be embodied in the bylaws.
(b) No such modification may be operative until it is embodied in a recorded instrument, which shall be recorded in the same office and in the same manner as was the master deed and original bylaws of the horizontal property regime involved.
Structure Arkansas Code
Chapter 13 - Horizontal Property Act
§ 18-13-103. Establishment of horizontal property regimes
§ 18-13-105. Plans to be attached to master deed
§ 18-13-106. Additional units in excess of those described in master deed
§ 18-13-107. Waiver and reestablishment of regimes
§ 18-13-109. Modification of administration
§ 18-13-110. Book of receipts and expenditures — Examination
§ 18-13-111. Status of individual units
§ 18-13-112. Ownership and valuation of separate units and common elements
§ 18-13-113. Types of joint ownership
§ 18-13-116. Liability for expenses and assessments
§ 18-13-117. Insurance generally
§ 18-13-118. Application of insurance proceeds to reconstruction
§ 18-13-119. Sharing of reconstruction costs when building not insured or indemnity insufficient