Question:
What is the process for dissolving an HOA and how to file the proper documents.
– Carl
Answer:
Hi Carl,
If your HOA is organized as a nonprofit corporation, as most HOAs in Mississippi are, you may dissolve the association by submitting the articles of dissolution to the Secretary of State as provided in Section 79-11-337 of the Mississippi Nonprofit Corporation Act. Keep in mind that you may need to fulfill other requirements prior to the dissolution, such as securing a majority vote of approval from the membership, depending on your HOA’s governing documents.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.
