Legislation
SECTION 339-W
Books of receipts and expenditures; availability for examination
Real Property (RPP) CHAPTER 50, ARTICLE 9-B
§ 339-w. Books of receipts and expenditures; availability for
examination. The manager or board of managers, as the case may be, shall
keep detailed, accurate records, in chronological order, of the receipts
and expenditures arising from the operation of the property. Such
records and the vouchers authorizing the payments shall be available for
examination by the unit owners at convenient hours of weekdays. A
written report summarizing such receipts and expenditures shall be
rendered by the board of managers to all unit owners at least once
annually.
examination. The manager or board of managers, as the case may be, shall
keep detailed, accurate records, in chronological order, of the receipts
and expenditures arising from the operation of the property. Such
records and the vouchers authorizing the payments shall be available for
examination by the unit owners at convenient hours of weekdays. A
written report summarizing such receipts and expenditures shall be
rendered by the board of managers to all unit owners at least once
annually.