Senate Bill 0814

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    Florida Senate - 1999                                   SB 814

    By Senators Saunders, Latvala, Webster, McKay, Carlton, Cowin,
    Kurth, Brown-Waite, Bronson and Sebesta




    25-377A-99

  1                      A bill to be entitled

  2         An act relating to residential property;

  3         amending s. 849.085, F.S.; authorizing certain

  4         penny-ante games to be conducted in common

  5         areas of a cooperative; amending s. 849.0931,

  6         F.S.; authorizing bingo games to be conducted

  7         by cooperative associations; amending s.

  8         719.103, F.S.; defining the terms "special

  9         assessment," "voting certificate," and "voting

10         interests" for purposes of regulation of

11         cooperatives; amending s. 719.1035, F.S.;

12         providing legal effect of cooperative

13         documents; amending s. 719.104, F.S.; providing

14         guidelines for investment of cooperative

15         association funds; providing for granting,

16         modifying, or moving easements; amending s.

17         719.1055, F.S.; changing the voting requirement

18         for modifying cooperative documents;

19         prescribing requirements for such amendments;

20         amending s. 719.106, F.S.; authorizing

21         insurance in lieu of fidelity bonding;

22         providing standards for such insurance or

23         bonds; creating s. 719.115, F.S.; providing

24         limitation of unit owners' liability; creating

25         s. 719.116, F.S.; declaring cooperatives to be

26         residential property; amending ss. 607.0802,

27         617.0802, F.S.; providing eligibility of

28         certain trust grantors or beneficiaries to

29         serve on condominium, cooperative, homeowners',

30         or mobile homeowners' association boards of

31         directors; amending s. 617.301, F.S.;

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  1         redefining the term "homeowners' association,"

  2         for purposes of the regulation thereof, to

  3         include corporations responsible for the

  4         operation of a mobile home subdivision;

  5         providing an effective date.

  6

  7  Be It Enacted by the Legislature of the State of Florida:

  8

  9         Section 1.  Subsections (2) and (5) of section 849.085,

10  Florida Statutes, are amended to read:

11         849.085  Certain penny-ante games not crimes;

12  restrictions.--

13         (2)  As used in this section, the term:

14         (a)  "Penny-ante game" means a game or series of games

15  of poker, pinochle, bridge, rummy, canasta, hearts, dominoes,

16  or mah-jongg in which the winnings of any player in a single

17  round, hand, or game do not exceed $10 in value.

18         (b)  "Dwelling" means residential premises owned or

19  rented by a participant in a penny-ante game and occupied by

20  such participant or the common elements or common recreational

21  areas of a condominium, cooperative, or mobile home park of

22  which a participant in a penny-ante game is a unit owner, or

23  the facilities of an organization which is tax exempt under s.

24  501(c)(7) of the Internal Revenue Code.  The term "dwelling"

25  also includes a college dormitory room or the common

26  recreational area of a college dormitory or a publicly owned

27  community center owned by a municipality or county.

28         (5)  The conduct of any penny-ante game within the

29  common elements or common recreation area of a condominium,

30  cooperative, or mobile home park or the conduct of any

31  penny-ante game within the dwelling of an eligible

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  1  organization as defined in subsection (2) or within a publicly

  2  owned community center owned by a municipality or county

  3  creates no civil liability for damages arising from the

  4  penny-ante game on the part of a condominium association,

  5  cooperative association, mobile home owner's association,

  6  dwelling owner, or municipality or county or on the part of a

  7  unit owner who was not a participant in the game.

  8         Section 2.  Subsection (4) of section 849.0931, Florida

  9  Statutes, is amended to read:

10         849.0931  Bingo authorized; conditions for conduct;

11  permitted uses of proceeds; limitations.--

12         (4)  The right of a condominium association, a

13  cooperative association, a mobile home owners' association, a

14  group of residents of a mobile home park as defined in chapter

15  723, or a group of residents of a mobile home park or

16  recreational vehicle park as defined in chapter 513 to conduct

17  bingo is conditioned upon the return of the net proceeds from

18  such games to players in the form of prizes after having

19  deducted the actual business expenses for such games for

20  articles designed for and essential to the operation, conduct,

21  and playing of bingo. Any net proceeds remaining after paying

22  prizes may be donated by the association to a charitable,

23  nonprofit, or veterans' organization which is exempt from

24  federal income tax under the provisions of s. 501(c) of the

25  Internal Revenue Code to be used in such recipient

26  organization's charitable, civic, community, benevolent,

27  religious, or scholastic works or similar activities or, in

28  the alternative, such remaining proceeds shall be used as

29  specified in subsection (3).

30         Section 3.  Present subsections (22) and (23) of

31  section 719.103, Florida Statutes, 1998 Supplement, are

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  1  renumbered as subsections (23) and (24), respectively, and new

  2  subsections (22), (25), and (26) are added to that section, to

  3  read:

  4         719.103  Definitions.--As used in this chapter:

  5         (22)  "Special assessment" means any assessment levied

  6  against unit owners other than the assessment required by a

  7  budget adopted annually.

  8         (23)(22)  "Unit" means a part of the cooperative

  9  property which is subject to exclusive use and possession.  A

10  unit may be improvements, land, or land and improvements

11  together, as specified in the cooperative documents.

12         (24)(23)  "Unit owner" or "owner of a unit" means the

13  person holding a share in the cooperative association and a

14  lease or other muniment of title or possession of a unit that

15  is granted by the association as the owner of the cooperative

16  property.

17         (25)  "Voting certificate" means a document that

18  designates one of the record title owners or the corporate,

19  partnership, or entity representative who is authorized to

20  vote on behalf of a cooperative unit that is owned by more

21  than one family or by any entity.

22         (26)  "Voting interests" means the voting rights

23  distributed to the association members as provided for in the

24  articles of incorporation.

25         Section 4.  Section 719.1035, Florida Statutes, 1998

26  Supplement, is amended to read:

27         719.1035  Creation of cooperatives.--

28         (1)  The date when cooperative existence shall commence

29  is upon commencement of corporate existence of the cooperative

30  association as provided in s. 607.0203.  The cooperative

31  documents must be recorded in the county in which the

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  1  cooperative is located before property may be conveyed or

  2  transferred to the cooperative.  All persons who have any

  3  record interest in any mortgage encumbering the interest in

  4  the land being submitted to cooperative ownership must either

  5  join in the execution of the cooperative documents or execute,

  6  with the requirements for deed, and record, a consent to the

  7  cooperative documents or an agreement subordinating their

  8  mortgage interest to the cooperative documents. Upon creation

  9  of a cooperative, the developer or association shall file the

10  recording information with the division within 30 working days

11  on a form prescribed by the division.

12         (2)  All provisions of the cooperative documents are

13  enforceable equitable servitudes, run with the land, and are

14  effective until the cooperative is terminated.

15         Section 5.  Subsection (7) of section 719.104, Florida

16  Statutes, 1998 Supplement, is amended, and a new subsection

17  (11) is added to that section, to read:

18         719.104  Cooperatives; access to units; records;

19  financial reports; assessments; purchase of leases.--

20         (7)  COMMINGLING.--All funds shall be maintained

21  separately in the association's name.  Reserve and operating

22  funds of the association shall not be commingled unless

23  combined for investment purposes. This subsection is not meant

24  to prohibit prudent investment of association funds even if

25  combined with operating or other reserve funds of the same

26  association, but such funds must be accounted for separately,

27  and the combined account balance may not, at any time, be less

28  than the amount identified as reserve funds in the combined

29  account. No manager or business entity required to be licensed

30  or registered under s. 468.432, or an agent, employee,

31  officer, or director of a cooperative association may

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  1  commingle any association funds with his or her own funds or

  2  with the funds of any other cooperative association or

  3  community association as defined in s. 468.431.

  4         (11)  EASEMENTS.--Unless prohibited by the cooperative

  5  documents, the board of administration has the authority,

  6  without the joinder of any unit owner, to grant, modify, or

  7  move any easement, if the easement constitutes part of or

  8  crosses the common areas or association property. This

  9  subsection does not authorize the board of administration to

10  modify, move, or vacate any easement created in whole or in

11  part for the use or benefit of anyone other than the unit

12  owners, or crossing the property of anyone other than the unit

13  owners, without the consent or approval of those other persons

14  having the use or benefit of the easement as required by law

15  or by the instrument creating the easement.

16         Section 6.  Subsections (2) and (3) of section

17  719.1055, Florida Statutes, are amended, and subsection (4) is

18  added to that section, to read:

19         719.1055  Amendment of cooperative documents;

20  alteration and acquisition of property.--

21         (2)  Unless a lower number is provided in the

22  cooperative documents or unless such action is expressly

23  prohibited by the articles of incorporation or bylaws of the

24  cooperative, the acquisition of real property by the

25  association, and material alterations or substantial additions

26  to such property by the association shall not be deemed to

27  constitute a material alteration or modification of the

28  appurtenances to the unit if such action is approved by

29  two-thirds 75 percent of the total voting interests of the

30  cooperative.

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  1         (3)(a)  Unless other procedures are provided in the

  2  cooperative documents or such action is expressly prohibited

  3  by the articles of incorporation or bylaws of the cooperative,

  4  the association may materially alter, convert, lease, or

  5  modify the common areas of the mobile home cooperative if the

  6  action is approved by two-thirds 75 percent of the total

  7  voting interests of the cooperative.

  8         (b)  The association may change the configuration or

  9  size of a unit only if the action is approved by the affected

10  unit owners and by two-thirds 75 percent of the total voting

11  interests of the cooperative.

12         (4)(a)  If the cooperative documents fail to provide a

13  method of amendment, the documents may be amended as to all

14  matters except those described in subsection (1) if the

15  amendment is approved by the owners of not fewer than

16  two-thirds of the units.

17         (b)  A provision of the cooperative documents may not

18  be revised or amended by reference to its title or number

19  only. Proposals to amend existing provisions of the

20  cooperative documents must contain the full text of the

21  provision to be amended; new words shall be inserted in the

22  text and underlined; and words to be deleted shall be lined

23  through with hyphens. However, if the proposed change is so

24  extensive that this procedure would hinder, rather than

25  assist, the understanding of the proposed amendment, it is not

26  necessary to use underlining and hyphens as indicators of

27  words added or deleted, but instead a notation must be

28  inserted immediately preceding the proposed amendment in

29  substantially the following language: "Substantial rewording

30  of document. See provision .......... for present text."

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  1         (c)  Nonmaterial errors or omissions in the amendment

  2  process will not invalidate an otherwise properly adopted

  3  amendment.

  4         Section 7.  Paragraph (k) of subsection (1) of section

  5  719.106, Florida Statutes, 1998 Supplement, is amended to

  6  read:

  7         719.106  Bylaws; cooperative ownership.--

  8         (1)  MANDATORY PROVISIONS.--The bylaws or other

  9  cooperative documents shall provide for the following, and if

10  they do not, they shall be deemed to include the following:

11         (k)  Insurance or fidelity bonds.--The association

12  shall obtain and maintain adequate insurance or provision for

13  the fidelity bonding of all persons who control or disburse

14  funds of the association. The insurance policy or fidelity

15  bond must cover the maximum funds that will be in the custody

16  of the association or its management agent at any one time. As

17  used in this paragraph section, the term "persons who control

18  or disburse funds of the association" includes, but is not

19  limited to, means those individuals authorized to sign checks,

20  and the president, secretary, and treasurer of the

21  association.  If an association's annual gross receipts do not

22  exceed $100,000, the bond shall be in the principal sum of not

23  less than $10,000 for each such person. If an association's

24  annual gross receipts exceed $100,000 but do not exceed

25  $300,000, the bond shall be in the principal sum of $30,000

26  for each such person.  If an association's annual gross

27  receipts are greater than $300,000, the bond shall be in the

28  principal sum of not less than $50,000 for each such person.

29  The association shall bear the cost of bonding.

30         Section 8.  Section 719.115, Florida Statutes, is

31  created to read:

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  1         719.115  Limitation of liability.--

  2         (1)  The liability of the owner of a unit for common

  3  expenses is limited to the amounts for which he or she is

  4  assessed for common expenses from time to time in accordance

  5  with this chapter, the cooperative documents, and the bylaws.

  6         (2)  The owner of a unit may be personally liable for

  7  acts or omissions of the association in relation to the use of

  8  the common areas, but only to the extent of his or her pro

  9  rata share of the liability in the same percentage as his or

10  her designated portion of the common expenses, and then in no

11  case shall the liability exceed the value of his or her unit.

12         (3)  In any legal action in which the association may

13  be exposed to liability in excess of insurance coverage

14  protecting it and the unit owners, the association shall give

15  notice of the exposure within a reasonable time to all unit

16  owners, and they shall have the right to intervene and defend.

17         Section 9.  Section 719.116, Florida Statutes, is

18  created to read:

19         719.116  Cooperatives as residential property.--For

20  purposes of property and casualty insurance risk

21  classification, cooperatives shall be classified as

22  residential property.

23         Section 10.  Section 607.0802, Florida Statutes, is

24  amended to read:

25         607.0802  Qualifications of directors.--

26         (1)  Directors must be natural persons who are 18 years

27  of age or older but need not be residents of this state or

28  shareholders of the corporation unless the articles of

29  incorporation or bylaws so require.  The articles of

30  incorporation or bylaws may prescribe additional

31  qualifications for directors.

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  1         (2)  If the eligibility to serve as a member of the

  2  board of directors of a condominium association, cooperative

  3  association, homeowners' association, or mobile homeowners'

  4  association is restricted to membership in such association

  5  and membership is appurtenant to ownership of a unit, parcel,

  6  or mobile home, a grantor of a trust described in s.

  7  733.707(3) or, if there is no grantor, a beneficiary as

  8  defined in s. 737.303(4)(b) of a trust that owns a unit,

  9  parcel, or mobile home shall be deemed a member of the

10  association and eligible to serve as a director of the

11  condominium association, cooperative association, homeowners'

12  association, or mobile homeowners' association, provided that

13  such beneficiary occupies the unit, parcel, or mobile home.

14         Section 11.  Section 617.0802, Florida Statutes, is

15  amended to read:

16         617.0802  Qualifications of directors.--

17         (1)  Directors must be natural persons who are 18 years

18  of age or older but need not be residents of this state or

19  members of the corporation unless the articles of

20  incorporation or bylaws so require.  The articles of

21  incorporation or the bylaws may prescribe additional

22  qualifications for directors.

23         (2)  If the eligibility to serve as a member of the

24  board of directors of a condominium association, cooperative

25  association, homeowners' association, or mobile homeowners'

26  association is restricted to membership in such association

27  and membership is appurtenant to ownership of a unit, parcel,

28  or mobile home, a grantor of a trust described in s.

29  733.707(3) or, if there is no grantor, a beneficiary as

30  defined in s. 737.303(4)(b) of a trust that owns a unit,

31  parcel, or mobile home shall be deemed a member of the

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  1  association and eligible to serve as a director of the

  2  condominium association, cooperative association, homeowners'

  3  association, or mobile homeowners' association, provided that

  4  such beneficiary occupies the unit, parcel, or mobile home.

  5         Section 12.  Subsection (7) of section 617.301, Florida

  6  Statutes, is amended to read:

  7         617.301  Homeowners' associations; definitions.--As

  8  used in ss. 617.301-617.312, the term:

  9         (7)  "Homeowners' association" or "association" means a

10  Florida corporation responsible for the operation of a

11  community or a mobile home subdivision in which the voting

12  membership is made up of parcel owners or their agents, or a

13  combination thereof, and in which membership is a mandatory

14  condition of parcel ownership, and which is authorized to

15  impose assessments that, if unpaid, may become a lien on the

16  parcel.  The term "homeowners' association" does not include a

17  community development district or other similar special taxing

18  district created pursuant to statute.

19         Section 13.  This act shall take effect July 1, 1999.

20

21            *****************************************

22                          SENATE SUMMARY

23    Provides for the treatment of cooperatives and
      cooperative associations in the same manner as
24    condominiums and condominium associations with respect to
      conducting penny-ante games and bingo; enforceability and
25    status of creating documents; commingling of funds for
      investment; easements; amendment of documents; insurance
26    and fidelity bonding; limitation of unit owners'
      liability; and status as residential property. Provides
27    that a homeowners' association of a mobile home
      subdivision is an association for the purposes of laws
28    governing homeowners' associations. Provides eligibility
      for certain grantors or beneficiaries of trusts to serve
29    on condominium, cooperative, homeowners', or mobile
      homeowners' association boards of directors.
30

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