Full Text of SB0389 95th General Assembly
SB0389sam001 95TH GENERAL ASSEMBLY
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Sen. Jacqueline Y. Collins
Filed: 3/7/2007
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LRB095 04508 AJO 32889 a |
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| AMENDMENT TO SENATE BILL 389
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| AMENDMENT NO. ______. Amend Senate Bill 389 on page 1, line | 3 |
| 13, by replacing " one " with " 2 "; and
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| on page 1, by replacing lines 15 through 17 with the following: | 5 |
| " (A) 50% or more of the condominium units are not | 6 |
| occupied by persons with a legal right to reside in the | 7 |
| units; | 8 |
| (B) the building has serious violations of any | 9 |
| applicable local building code; "; and | 10 |
| on page 1, line 18, by replacing " (B) " with " (C) "; and | 11 |
| on page 1, line 21, by replacing " (C) " with " (D) "; and | 12 |
| on page 1, line 23, by replacing " (D) " with " (E) "; and
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| on page 2, line 1, by replacing " condominium " with " to 40% or |
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LRB095 04508 AJO 32889 a |
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| more of the condominium "; and | 2 |
| on page 2, line 3, by replacing " (E) " with " (F) "; and | 3 |
| on page 2, by replacing lines 5 and 6 with the following: | 4 |
| " (G) the board of managers is not managing as | 5 |
| required by this Act or is otherwise not functioning, | 6 |
| as evidenced by factors that may include the failure to | 7 |
| timely elect a board of managers, or extended periods | 8 |
| of time during which the board has not met. "; and | 9 |
| on page 3, line 19, by inserting " paragraph (2) of " after | 10 |
| " under "; and | 11 |
| on page 4, line 5, by replacing " sale " with " the sale "; and | 12 |
| on page 4, by replacing lines 6 through 8 with the following: | 13 |
| " time, expenses, and fees as approved by the court, shall be | 14 |
| deposited into an "; and | 15 |
| on page 7, line 9, by changing " subsection (e) " to " subsection | 16 |
| (d) ".
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