Massachusetts General Laws ch. 183B sec. 11 – Project instruments; creation of time-shares; amendments
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Section 11. If all of the documents constituting the project instrument are recorded, time-shares shall not be created in any unit in a project unless expressly permitted by the project instrument. No amendment to a project instrument which is recorded shall permit the creation of time-shares unless the owners of at least eighty per cent of the units, or any larger vote required by the project instrument or by law, consent to such amendment.
Terms Used In Massachusetts General Laws ch. 183B sec. 11
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.