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HOA Software
By CondoAssociation.com • September 19, 2017

Does HOA need approve use of reserve funds?

Florida HOAs may use reserve funds for expenses other than reserve expenditures if approved by a majority vote at a meeting at which a quorum is present. Is this a Board of Directors' meeting or a meeting of the entire membership? And is notification of such possible action necessary? 

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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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