(a) Unless limited by the provisions of the declaration, the association may:
(1) adopt and amend rules and regulations;
(2) adopt and amend budgets for revenues, expenditures, and reserves and collect assessments for common expenses from unit owners;
(3) hire and terminate managing agents and other employees, agents, and independent contractors;
(4) institute, defend, or intervene in litigation or administrative proceedings in its own name on behalf of itself or two or more unit owners on matters affecting the condominium;
(5) regulate the use, maintenance, repair, replacement and modification of common elements;
(6) cause improvements to be made as a part of the common elements;
(7) grant leases, licenses, and concessions not to exceed one year and utility easements through or over the common elements; provided, however, that after conveyance to owners other than the declarant or affiliate of a declarant of units to which more than 50 percent of the voting power is allocated, the association may by resolution of a meeting of the members duly called grant leases, licenses, and concessions in excess of one year and easements through or over the common elements;
(8) impose and receive any payments, fees, or charges for the use, rental, or operation of the common elements other than limited common elements described in section 515A.2-102(2) and (4);
(9) impose reasonable charges including reasonable costs and attorneys' fees, for the evaluation, preparation and recordation of amendments to the declaration, resale certificates required by section 515A.4-107, or statements of unpaid assessments;
(10) provide for the indemnification of its officers and board and maintain directors' and officers' liability insurance;
(11) impose charges for late payment of assessments and, after notice and an opportunity to be heard, levy reasonable fines for violations of the declaration, bylaws, and rules and regulations of the association;
(12) exercise any other powers conferred by state law, the declaration, or bylaws.
(b) Notwithstanding subsection (a), the declaration may not impose limitations on the power of the association to deal with the declarant that are more restrictive than the limitations imposed on the power of the association to deal with other persons.
1980 c 582 art 3 s 515.3-102
Structure Minnesota Statutes
Chapters 500 - 515B — Property And Property Interests
Chapter 515A — Uniform Condominium Act
Section 515A.1-101 — Short Title.
Section 515A.1-102 — Applicability.
Section 515A.1-103 — Definitions.
Section 515A.1-104 — Variation By Agreement.
Section 515A.1-105 — Property Taxation.
Section 515A.1-106 — Applicability Of Local Ordinances, Regulations, And Building Codes.
Section 515A.1-107 — Eminent Domain.
Section 515A.1-108 — Supplemental General Principles Of Law Applicable.
Section 515A.1-109 — Construction Against Implicit Repeal.
Section 515A.1-110 — Uniformity Of Application And Construction.
Section 515A.1-111 — Severability.
Section 515A.1-112 — Unconscionable Agreement Or Term Of Contract.
Section 515A.1-113 — Obligation Of Good Faith.
Section 515A.1-114 — Remedies To Be Liberally Administered.
Section 515A.1-116 — Effective Date.
Section 515A.2-101 — Creation Of Condominium.
Section 515A.2-102 — Unit Boundaries.
Section 515A.2-103 — Construction And Validity Of Declaration And Bylaws.
Section 515A.2-104 — Description Of Units.
Section 515A.2-105 — Contents Of Declaration; All Condominiums.
Section 515A.2-106 — Contents Of Declaration; Flexible Condominiums.
Section 515A.2-107 — Leasehold Condominiums.
Section 515A.2-108 — Allocation Of Common Element Interests, Votes, And Common Expense Liabilities.
Section 515A.2-109 — Common Elements And Limited Common Elements.
Section 515A.2-110 — Condominium Plats.
Section 515A.2-111 — Expansion Of Flexible Condominiums.
Section 515A.2-113 — Alterations Of Units.
Section 515A.2-114 — Relocation Of Boundaries Between Adjoining Units.
Section 515A.2-115 — Subdivision Or Conversion Of Units.
Section 515A.2-116 — Minor Variation In Boundaries.
Section 515A.2-117 — Use For Sales Purposes.
Section 515A.2-118 — Easement To Facilitate Completion, Conversion, And Expansion.
Section 515A.2-119 — Amendment Of Declaration.
Section 515A.2-120 — Termination Of Condominium.
Section 515A.2-121 — Rights Of Holders Of An Interest As Security For An Obligation.
Section 515A.3-101 — Organization Of Unit Owners' Association.
Section 515A.3-102 — Powers Of Unit Owners' Association.
Section 515A.3-103 — Board Of Directors, Members And Officers.
Section 515A.3-104 — Transfer Of Special Declarant Rights.
Section 515A.3-105 — Termination Of Contracts And Leases Of Declarant.
Section 515A.3-107 — Upkeep Of The Condominium.
Section 515A.3-111 — Tort And Contract Liability.
Section 515A.3-112 — Insurance.
Section 515A.3-113 — Surplus Funds.
Section 515A.3-114 — Assessments For Common Expenses.
Section 515A.3-115 — Lien For Assessments.
Section 515A.3-116 — Association Records.
Section 515A.3-117 — Association As Trustee.
Section 515A.4-101 — Applicability; Waiver.
Section 515A.4-102 — Disclosure Statement; General Provisions.
Section 515A.4-104 — Same; Conversion Condominiums.
Section 515A.4-106 — Purchaser's Right To Cancel.
Section 515A.4-107 — Resales Of Units.
Section 515A.4-1075 — Purchaser's Right To Cancel.
Section 515A.4-108 — Escrow Of Deposits.
Section 515A.4-109 — Release Of Interests As Security For An Obligation.
Section 515A.4-110 — Conversion Condominiums.
Section 515A.4-111 — Express Warranties.
Section 515A.4-112 — Implied Warranties.
Section 515A.4-113 — Exclusion Or Modification Of Implied Warranties.
Section 515A.4-114 — Statute Of Limitations For Warranties.
Section 515A.4-115 — Effect Of Violations On Rights Of Action; Attorney's Fees.
Section 515A.4-116 — Labeling Of Promotional Material.
Section 515A.4-117 — Declarant's Obligation To Complete And Restore.