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57-8-60. Administration of funds

An association of unit owners:
(1) shall keep all of the association of unit owners' funds in an account in the name of the association of unit owners; and
(2) may not commingle the association of unit owners' funds with the funds of any other person.


 Enacted 2018, ch. 395, eff. May 8, 2018.

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HOA resources and laws annotated
CounselOurHOA.com
HOA resources and laws annotated