Directors Serving on Both a Special District Board and a Homeowners Association Board, Required to Disclose Dual Representation
As originally proposed, Colorado House Bill 11-1124 would have prohibited persons from serving on metro district boards and HOA boards at the same time. In many communities, particularly smaller communities, public spirited individuals serve on both types of boards simultaneously. In recognition of this situation, the bill was amended to substitute a disclosure requirement for prohibition. Directors serving in such dual capacity should contact their special district counsel or homeowners’ association counsel regarding compliance with the new requirements.
For more information please contact one of the members of the Folkestad Fazekas Barrick & Patoile, P.C., Special District Practice Group at email@example.com.
Folkestad Fazekas Barrick & Patoile, P.C., has prepared this advisory to provide general information on recent legal developments that may be of interest. This advisory does not provide legal advice for any specific situation and does not create an attorney-client relationship between any reader and the Firm.