Can You Pay Directors and Officers of a Michigan Condominium or Homeowners Association?

/ Owner - July 19, 2023

It is common for a condominium association’s master deed and bylaws or a homeowners association’s declaration to address compensating board members. Usually, such a provision will either expressly disallow any compensation or only allow compensation if approved by a specified percentage of the community association’s members. Apart from the general notion that board members should be made up of volunteers that are interested in helping the condominium or subdivision, why is it important or desirable for an association’s directors and officers to be volunteers?    Read the article………………………..

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