Section 24-11-811 - Appropriations of insurance premium tax - Planned community property owners' associations(a) As used in this section, "planned community property owners' association" means an incorporated nonprofit organization operating under recorded land agreements through which each lot owner in a planned unit or other described land area is automatically a member and each lot is automatically subject to a charge for a proportionate share of the expenses for the organization's activities, such as maintaining common properties, and which acts as the directing or governing body of a real estate development developed by a single developer, containing not fewer than five thousand (5,000) acres, which has been or is being developed under a comprehensive plan for a community containing streets and other public services, parks, and other recreational facilities for common use by the residents thereof; which has been subdivided into sufficient lots for residential use to accommodate a projected population of no fewer than one thousand (1,000) persons; which is not incorporated as a city or town; and for which a statement of record has been filed with the Secretary of Housing and Urban Development under the Interstate Land Sales Full Disclosure Act, 15 U.S.C. § 1701 et seq.(b) Any planned community property owners' association with a firemen's relief and pension fund established prior to July 1, 1981, under §§ 24-11-801 - 24-11-807, 24-11-809, 24-11-813 - 24-11-815, and 24-11-818 - 24-11-820, shall participate in the distribution of insurance premium tax revenues to the same extent as fire departments and fire protection districts under §§ 24-11-809, 24-11-810, 24-10-401 - 24-10-409, and any other laws providing for the distribution of insurance premium tax moneys to fire departments or fire protection districts.Acts 1983, No. 406, §§ 1, 2; A.S.A. 1947, §§ 19-2234, 19-2235.