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By CondoAssociation.com • September 17, 2017

Does HOA board have obligation to seek best rates for reserves?

What obligation does the board have to invest the reserves in the most favorable interest rate?   Also, does the board have to have contracts with subcontractors or is it acceptable to hire a subcontractor on a monthly basis with no scope of services?

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Please note that blog comments and postings are not legal advice, rather only the opinions of our readers.

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