Budget Approval Motion NOT Needed at Owners’ Meeting (OH)

/ Owner - October 20, 2016

As community associations hold their annual meetings, boards should be reminded that for most associations, owners do NOT need to approve the treasurer’s report or annual budget. The majority of association Bylaws provide an outline for the annual meeting agenda, which includes approval of last year’s annual meeting minutes by owners, reports of officers, and a board member election.     Read the article………….

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