The bylaws referred to in § 1267 of this title, may contain all such standards and rules with respect to the use of the property, the regime, its accommodations and facilities, as well as the timeshares or vacation club rights, exercise of rights, installations, and services, expenses, administration and government, insurance, upkeep and repairs, as do not contravene the provisions of §§ 1262—1268e of this title, including, without limitation, the following:
(a) Form of administration, stating the powers of the entity administering the regime.
(b) Definition of majority which shall govern for the regime in question on those matters to be submitted to the consideration of the owners.
(c) Care, upkeep and surveillance of the property, the regime and the facilities.
(d) Manner of collecting the funds from the owners for the payment of the common expenses and any distinctions which may exist in the method of assessment among the owners of their share in said expenses or the amounts thereof.
(e) Manner and method of recalling the managing entity, consistent with § 1256e of this title.
At any time the developer, and/or the owners, as may be set forth in the deed of dedication of the regime, may modify the bylaws referred to in § 1267 of this title. No such modification shall be operative until it is embodied in public deed form and, in addition, be recorded in the particular entry of the matrix property, with a certified copy filed in the Registry of Property, as provided in § 1267 of this title.
History —Dec. 26, 1995, No. 252, § 12-129; Jan. 5, 1999, No. 3, § 37.