Cohousing-L Mailing List: Re: for-profit entity

[lilbert (lilbert]

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> As far as I know, and that's definitely not very  far, only California and
> NY have exceptional stringent rules regarding HOA management and even have
> some sort of report required annually.

Rob is right about California. We have really mind our p's and q's, and have
a separate account for enterprises which take in money other than HOA dues,
mostly for meals. I didn't answer before, because I'm pretty sure this is
going to be very specific to your state.

--
Liz Stevenson
Southside Park Cohousing
Sacramento, California

Blessed to have lived in both Califonia and New York, and only in CA and NY.
The weather here is better, but the fall foliage sucks.