Rocky Ridge Ranch Property Owners Ass'n v. Huck

ORDER

Rocky Ridge Ranch is a lake subdivision in Ste. Genevieve County. Rocky Ridge Ranch was developed by Areaco Investment Co. (Areaco) which recorded a set of restrictive covenants known as the Restriction Agreement. Under the Restriction Agreement, an annual assessment is levied each year on property owners. These assessments constitute a trust fund for the maintenance of the common areas and security of the Rocky Ridge Ranch. Areaco was the trustee of this trust fund under the Restriction Agreement until it was removed by the Circuit Court of Ste. Genevieve County.1 Rocky Ridge Ranch…