Texas HB2630 amends the Property Code to regulate declarant control over property owners' associations.
HB2630 amends the Texas Property Code to modify the rules governing declarant control of property owners' associations. The bill allows a declarant to appoint and remove board members and officers during a specified period of declarant control. However, it mandates that at least one board member must be elected by owners other than the declarant when 50 percent of the lots are conveyed to non-declarant owners. Furthermore, at least one-third of the board members must be elected by non-declarant owners when 75 percent of the lots are conveyed.
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