To keep pace with rapidly changing requirements imposed by the Commercial CID Act and case law, commercial and industrial associations need to amend their CC&Rs and Bylaws periodically to incorporate important changes. In addition, many amend their documents to correct deficiencies created by the developer.
Over time, amendments are no longer sufficient for outdated documents. When that happens, it is time to create a clean document by replacing it with a new one. The frequency of the restatements vary depending on how well (or how badly) the documents were originally written and the pace of change in the law. Most often it falls in the 10-20 year range for restatements.
If you have questions or would like a quote, contact me.
Wayne Louvier, Esq.
ADAMS | STIRLING
A Professional Law Corporation