Texas Property Code
§ 204.010 — POWERS OF PROPERTY OWNERS' ASSOCIATION
PR § 204.010Title 11. RESTRICTIVE COVENANTS · Ch. 204. POWERS OF PROPERTY OWNERS' ASSOCIATION RELATING TO RESTRICTIVE COVENANTS IN CERTAIN SUBDIVISIONS
Statute text
View on source(a)Unless otherwise provided by the restrictions or the association's articles of incorporation or bylaws, the property owners' association, acting through its board of directors or trustees, may:
(1)adopt and amend bylaws;
(2)adopt and amend budgets for revenues, expenditures, and reserves and collect regular assessments or special assessments for common expenses from property owners;
(3)hire and terminate managing agents and other employees, agents, and independent contractors;
(4)institute, defend, intervene in, settle, or compromise litigation or administrative proceedings on matters affecting the subdivision;
(5)make contracts and incur liabilities relating to the operation of the subdivision and the property owners' association;
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Legislative history
Acts 2023, 88th Leg., R.S., Ch. 291 (S.B. 1768), Sec. 12, eff. May 29, 2023.