Underfunding Reserves and Business Judgement Rule with David Firmin
December 7, 2023 No Comments
Unlock the keys to minimizing a boardmember’s personal liability exposure while making important reserve funding decisions.
Unlock the keys to minimizing a boardmember’s personal liability exposure while making important reserve funding decisions.
Effectively set the right income for a balanced HOA budget, and understand the “safe harbor” for your reserves!
Why get a reserve study, who controls what’s in it, how doeNational Reserve Study Standards affect State Laws, and an outline of Boardmember and Manager responsibilities.
Watch Robert & HOA legal expert Adrian Adams from Adams Kessler continue their conversation about the legal issues surrounding Reserve Studies.
What decisions are covered by D&O insurance? What constitutes a wise or bad decision? Let’s look at D&O insurance coverage with examples of fiscal responsibility and reserves.
Facing HOA construction defects? Let’s address the conflicting priorities boards, managers, and owners are confronted with.