Quote:
Posted By n/a on 03/15/2010 6:35 PM
State of Wyoming
House Bill 0115
Subdivisions-homeowners associations
18-5-306 Minimum Requirements for subdivision permits
Jimmy,
I took a look at the statute -- I would never have found it as it's under "Counties". Here's the excerpt that applies but it does NOT say an HOA SHALL be formed only that ". . .The entities that MAY (emphasis mine) be used include . . . homeowners associations. . .". Therefore, I see no reason why your HOA cannot be dissolved since assessments are not being levied and there are no common areas to maintain. In fact are you completely sure there even is an HOA incorporated as a nonprofit? Also note that recorded covenants (CCRs) are a requirement. When properties have recorded covenants but there is no HOA, whether mandatory or voluneer, each individual property owner has the right to enforce the covenants.
Hope this added info helps you!
"18-5-306(xii) Evidence that all parcels of land created by the subdivision will be subject to written and recorded covenants or other instruments creating an entity, binding on subsequent owners of the land within the subdivision. The entities that may be used include, but are not limited to, special improvement districts, homeowners associations and mutual benefit corporations. The board shall not mandate the creation of an entity with the ability to interfere with any owner's ability to use his private property, except to collect any assessment. The entity shall have the ability to address the following topics:
"(A) Maintenance and responsibility for common areas, roads and water supply systems and assessments against all parcels of land in the subdivision to defray the costs thereof;
"(B) Continued management of the entity."