This form is a sample of a policy that may be adopted by a homeowners association’s board of directors for the establishment and management of reserve funds that are required to be maintained by homeowners associations.
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NOTICE OF BOARD ACTION AUTHORIZING THE USE OF RESERVE FUNDS TO PAY FOR LITIGATION
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Reserve Fund Policy
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This form is a sample of a policy that may be adopted by a homeowners association’s board of directors for the establishment and management of reserve funds that are required to be maintained by homeowners associations.
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