§ 436.359 — Rejection of settlement offer by association governing board, effect of — meeting requirements.
This text of Missouri § 436.359 (Rejection of settlement offer by association governing board, effect of — meeting requirements.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
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1. If an association's governing board rejects a written settlement offer from the contractor and has satisfied applicable provisions of section 436.356 , and upon written request by the contractor as part of said offer that the association hold a meeting of the members, the provisions of this section shall apply prior to the association filing an action alleging construction defects in the common areas and common elements. 2. The board shall hold a meeting open to each member of the association. The meeting shall be held no less than fifteen days before the association commences an action against the contractor. 3. No less than fifteen days before this meeting is held, a written notice shall be sent to each member of the association specifying all of the following:
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Missouri § 436.359, Counsel Stack Legal Research, https://law.counselstack.com/statute/mo/436/436.359.