Directors’ Resolution Re Adoption of Guidelines to Establish Alternative Payment Schedule

This form may be used by a homeowners association to document that the association’s board of directors has adopted guidelines as required by Texas Property Code §209.0062 to enable homeowners to cure delinquencies that are owed to the association for past regular or special assessments, or other amounts, and to establish a uniform program for making partial payments to the association in order to fully pay the delinquent amounts with accruing further additional penalties.