Process on changing Fiscal year? This is the exact wording in the CC&R's
FISCAL YEAR The fiscal year of the association shall on the thirty-first day of December in each year, or on such other day as may be fixed from time to time by the Board of Managers.
How is this enacted? Board meeting with a vote? Send out Amendment to all members to add to their CC&R's? How often can they change this and is this too vague which should be re-written? Does the board need a good reason to do this? What kind of problems can this cause?
Ohio
Answers (3)
What are your thoughts on this topic? Please share your answers below. We ask that you remain respectful of each other, and be advised that responses are monitored.
