NAC116B.250. Annual registration with Division: Required information.


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  • An association must include on the annual registration form filed with the Division the following information:

         1. The total amount of budgeted revenues and expenses of the association;

         2. Whether the financial statements of the association were audited or reviewed and, if so, the most recent fiscal year-end for which the audit or review was completed and accepted by the executive board; and

         3. Whether the audit opinion is qualified or unqualified or whether the review report is modified or unmodified.

     (Added to NAC by Comm’n for Common-Interest Communities & Condo. Hotels by R186-07, eff. 5-5-2011)