I understand that CCIOA requires my association to adopt written responsible governance policies and procedures concerning such issues as the collection of unpaid assessments, enforcement of covenants

Yes, regardless of what your governing documents contain, your association will have to adopt the seven required policies and procedures concerning: 1) collection of unpaid assessments; 2) handling of conflicts of interest involving board members; 3) conduct of meetings; 4) enforcement of covenants and rules, including notice and hearing procedures and the schedule of fines; 5) inspection and copying of association records by unit owners; 6) investment of reserve funds; and 7) the adoption and amendment of policies, procedures, and rules. First, even if your governing documents address all of the issues included in the seven required policies and procedures, it is unlikely they treat these issues in the detail that the statute’s sponsors intended and anticipated for the policies and procedures to have. Most importantly, however, unless your association independently adopts each of these policies and procedures, it will not be in compliance with the statute.


Community Essentials -  August 2005