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30.

Consent

31.

Term

32.

Conduct of business

33.

Removal

34.

Vacancy

35.

Meetings of directors

36.

Officers

37.

Standard of care

38.

Indemnification

39.

Insurance

40.

Disclosure by director of interest

41.

Disclosure by officer of interest

T

RANSFER OF

C

ONTROL

BY

D

ECLARANT

42.

First board of directors

43.

Turn-over meeting

44.

Performance audit

O

WNERS

45.

Meetings

46.

Requisition for meeting

47.

Notice to owners

48.

Mortgagee’s right to vote

49.

Loss of owner’s right to vote

50.

Quorum

51.

Voting

52.

Method of voting

53.

Majority voting

54.

Service on owner or mortgagee

55.

Records

B

Y

-

LAWS AND

R

ULES

56.

By-laws

57.

Occupancy standards by-law

58.

Rules

59.

Joint by-laws and rules

A

UDITORS AND

F

INANCIAL

S

TATEMENTS

60.

Appointment of auditor

61.

Qualifications

62.

Remuneration

63.

Removal

64.

Resignation

65.

Vacancy

66.

Financial statements

67.

Audit

68.

Audit committee

69.

Delivery of statements

70.

Right to attend meeting

71.

Amendment of statements

PART V

SALE AND LEASE OF UNITS

D

ISCLOSURE

R

EQUIREMENTS

72.

Disclosure statement

73.

Rescission of agreement

74.

Material changes in disclosure statement

75.

Accountability for budget statement

76.

Status certificate

77.

Information on corporation

S

ALE

OF

U

NITS

78.

Implied covenants

79.

Duty to register declaration and description

80.

Interim occupancy

81.

Money held in trust

82.

Interest

L

EASE

OF

U

NITS

83.

Notification by owner

PART VI

OPERATION

C

OMMON

E

XPENSES

84.

Contribution of owners

85.

Lien upon default

86.

Priority of lien

87.

Default with respect to leased unit