Documents
2024 Annual Meeting
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Board Meeting Minutes
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Advisory Council Meeting Minutes
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Governing Documents Overview
Lake Caroline is a private, planned community, and once you have purchased property you automatically become a member of the Lake Caroline Owners Association (LCOA). We are a corporation that elects to be taxed as a homeowners’ association under Internal Revenue Code 528. We are governed by our organizational documents and our board of directors, elected by you and our other members.
 
There are three organizational documents:
 
Bylaws detail the operational and decision-making aspects of LCOA and addresses the rights of property owners and the land itself. The document includes information on voting processes, quorum requirements, provisions for holding meetings, election requirements, and other operating guidelines.
 
2. Covenants, Conditions and Restrictions
Covenants is the legal document created by our community’s developer, Lake Caroline, Inc. (LCI).  The purpose of this document is to ensure that the Lake Caroline community remains one that is aesthetically pleasing and functionally convenient for its owners. This document details the requirements which must be followed by property owners to ensure this goal is met.
Note: Be sure to refer to the Rules and Regulations. The Covenants contain the overriding requirement but the Rules and Regs contain important detail that is necessary to fully understand how a specific covenant is implemented and enforced.  
 
The purpose of this document is to aid in the implementation, administration, and enforcement of the Covenants, and as such, includes the specific rules relating to:
·       Use of common areas and facilities
·       Use of lots and dwellings
·       Green space and waterfront areas
·       Lake Usage
·       Architectural guidelines, and
·       Enforcement of covenants.
 
Document Access
Click on the document names above to access each document. These documents are on file in the Madison County Chancery Clerk's office. For online access use the link below.