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Q: I am considering running for a seat on my HOA board. We are a community of about 80 homes. I am concerned about my indemnity as a board member. I tried to find a clause in my bylaws, but I can’t seem to locate wording that speaks directly to that. Our HOA property manager directed me to Chapter 47F of the North Carolina General Statutes (the NC Planned Community Act), but I still don’t see any language that would prevent a lawsuit from being directed toward me personally for action I take as a director of the HOA. Can you shed some light on this?
Q: I read your article in the Charlotte Observer about HOAs being nonprofit corporations and the rights of members to inspect the HOA’s records. Where can I find all of the information that you referred to in your column?
The N.C. General Assembly’s House Select Committee on Homeowners’ Associations has concluded its series of public meetings across the state and has issued its interim report.