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Association board meets in private and does not furnish financial reports

| Budgets & Finance |   Board of Directors |   Ohio |  


Question:

Our Association's Board of Directors have informed some of our owners that they are not required to hold Quarterly Meeting even though our By-Laws state otherwise. Also, they say that they are not required to hold open meetings, so they have closed their meetings to Board Directors with the exception of the Annual Meeting. In addition, they did not furnish owners with year end 2014 Balance Sheet and a Income and Expense Report for 2014. Are these actions permitted under Ohio Law?


Answers (2)

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