State Senator Files Bill to Allow Condo Boards to Invest Reserve Funds (FL)

/ Owner - March 26, 2025

Legislation aimed at helping condo boards manage large amounts of reserve cash is moving forward in Tallahassee.  State Senator Jennifer Bradley is sponsoring the bill that allows boards to invest the mandatory reserve money needed for repairs to prevent another Surfside collapse……SB 1742 would set parameters on hiring an investment firm and for making “prudent” investment decisions.    Read the article…………………………….

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