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Current as of January 01, 2023 | Updated by Findlaw Staff
A unit owners' association shall be organized no later than the date the condominium is created. The membership of the association at all times shall consist exclusively of all the unit owners or, following termination of the condominium, of all former unit owners entitled to distributions of proceeds under Section 1122.112, or their heirs, successors, or assigns. The association shall be organized as a profit or nonprofit corporation, or as an unincorporated association.
Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 9, § 1123.101. Organization of unit owners' association - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-9-sect-1123-101/
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