55-1506. ADMINISTRATION — BY-LAWS — ARTICLES OF INCORPORATION — RECORDATION REQUIRED TO MODIFY OR AMEND. Except when a domestic corporation has been formed and is designated in the declaration to serve as a management body and to administer the project, the administration of every project shall be governed by by-laws, which may either be embodied in the declaration or in a separate instrument which shall be recorded with the declaration. When a domestic corporation is so formed and designated the owner or owners shall append to and record with the declaration a certified copy of its articles of incorporation from which it must appear (a) that the purpose for which such corporation was formed and its powers are consistent with the provisions of this act and (b) that the members or stockholders of the corporation must be and remain owners of condominiums within the said project and include all owners of condominiums within the project. When a corporate organization is so utilized, the administration of the project need not be governed by by-law provisions hereinafter set forth but shall be subject to the law of corporations. No modification or amendment of the declaration, of such articles or of recorded by-laws shall be effective until the same is recorded in the county where the original document was first recorded.
History:
[55-1506, added 1965, ch. 225, sec. 6, p. 515.]
Structure Idaho Code
Title 55 - PROPERTY IN GENERAL
Chapter 15 - CONDOMINIUM PROPERTY ACT
Section 55-1501 - SHORT TITLE.
Section 55-1502 - PURPOSE — PUBLIC POLICY.
Section 55-1503 - DEFINITIONS.
Section 55-1504 - REQUIREMENTS TO QUALIFY.
Section 55-1505 - CONTENTS OF DECLARATION.
Section 55-1507 - CONTENTS OF BYLAWS.
Section 55-1508 - RECORDATION OF INSTRUMENTS AFFECTING PROJECT.
Section 55-1510 - REMOVAL OF PROPERTY FROM LAW — COMMON OWNERSHIP — RESUBMISSION.
Section 55-1511 - PARTITION — SALE.
Section 55-1513 - ACTIONS BY MANAGEMENT ON BEHALF OF TWO OR MORE OWNERS.
Section 55-1514 - SEPARATE TAXATION — LIEN — TAX DEED.
Section 55-1516 - LIABILITY OF UNIT OWNERS, TENANTS, EMPLOYEES — DUTIES AND POWERS OF OWNERS.
Section 55-1517 - INSURANCE OF INDIVIDUAL UNITS BY MANAGEMENT BODY.
Section 55-1521 - LIBERAL CONSTRUCTION OF DEEDS, DECLARATIONS OR PLANS FOR CONDOMINIUM PROJECTS.
Section 55-1522 - RULE AGAINST PERPETUITIES AND UNREASONABLE RESTRAINTS ON ALIENATION INAPPLICABLE.
Section 55-1523 - REFUSAL TO APPROVE PROJECT OR RECORD PLAT FORBIDDEN.
Section 55-1524 - APPLICATION OF LOCAL ZONING ORDINANCES.
Section 55-1525 - “BLUE SKY LAW” INAPPLICABLE.
Section 55-1526 - LEGAL DESCRIPTION THAT DESIGNATED ON PLAT OR IN DECLARATION.
Section 55-1527 - ZONING LAWS APPLIED WHERE NOT INCONSISTENT.
Section 55-1528 - STATEMENT OF ACCOUNT — DISCLOSURE OF FEES.