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By CondoAssociation.com • February 2, 2016

Paying bills with earmarked reserve funds

We have a reserve asset for a new pool.

pool-money-condo.jpgI saw that they have transferred some of that money into the checking account, and it is being used to pay bills. Is this illegal ?

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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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