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Current as of January 01, 2022 | Updated by FindLaw Staff
A licensee may not, within the practice of community association management, exercise control over the
(1) reserves or investment accounts of a community association;
(2) operating account of a community association unless
(A) allowed under a contract that has been approved by the association's board of directors; and
(B) duplicate financial statements concerning the account are sent by the institution holding the account to the licensee and the association's board of directors at separate addresses.
Cite this article: FindLaw.com - Alaska Statutes Title 8. Business and Professions § 08.88.175. Limitations on community association managers - last updated January 01, 2022 | https://codes.findlaw.com/ak/title-8-business-and-professions/ak-st-sect-08-88-175/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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