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   DIR Return to: Law Changes that affect us all (Public)
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       #Post#: 41--------------------------------------------------
       Connecticut laws governing Association Budget and Auditing
   DIR By: PR
       Date: May 24, 2013, 11:07 am
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       Many residents wonder why they are prevented from seeing the
       financials, even original invoices for the Association. They
       wonder if they have the right to see them.
       Well, they do have that right under Connecticut laws.
       Connecticut chapter 825 Sec. 47-81. explains the duty for the
       Board to maintain financial record for owners' examination. Any
       request made to the Board should reference this law so that
       everyone is aware of their rights and fiduciary duties.
  HTML http://www.cga.ct.gov/current/pub/chap_825.htm#sec_47-81
       To be clear, this extracted paragraph is paramount:
       "(b) (1) Records maintained by the declarant, by the association
       or by the manager, including, but not limited to, minutes of
       meetings and voting records of the board of directors, shall be
       made available for examination and copying by any unit owner, or
       the unit owner’s duly authorized agent, at the expense of the
       unit owner, during normal business hours upon the request of
       such unit owner or agent."
       There must also be a state rule for enforcing full audits in
       this link.
       
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