Annual assessments
Sec. 8. (a) The board of directors may make annual assessments
after the first assessment for the purpose of repairing and maintaining
the improvement and for other necessary expenses.
(b) The board of directors shall apportion the annual assessments
among the owners and file a tabular statement of the apportionment
and assessment in the recorder's office.
(c) The tabular statement of the apportionment and assessment is
a lien on the tracts of land respectively assessed and may be collected
in the same manner as the original assessment.
As added by P.L.2-2002, SEC.11.
Last modified: May 24, 2006