Virtually all community associations collect assessments to operate and maintain their property. Each community association that collects assessments likely has multiple people involved in handling the funds the association collects. Whether it is an individual volunteer board member or a management company employee, every person handling the funds has a fiduciary duty to handle those funds in the best interest of the association. However, what happens if one of those people handling the funds has dishonest or criminal intentions? Read the article……………………….
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