Condominium Resale Certificate - Williams & Williams

07:A15 MIG/jif 2/4/84
(u)
To impose and collect reasonable charges, including
attorneys' fees, for the evaluation, preparation and recordation
of amendments to the Declaration, preparation of resale
certificates required by Section 448.4-109 of the Act, or
statements of unpaid assessments.
Cv)
To provide for indemnification of the Association's
officers and directors and maintain officers' and directors'
liability insurance. (448.3-102 (13)).
To assess against any Unit owner who fails or
refuses to make any payment of the Common Expenses when due,
the amount thereof, together with a late charge of Ten
Dollars ($10.00) per month after the 10th day of the month
in which the payment becomes due.
To assess, after notice and an opportunity to
heard, levy reasonable fines for violations of the Act,
be
the
Declaration, these Bylaws, or the rules and regulations of
the Association.
To keep financial records sufficiently detailed to
enable the Association to comply with Section 448.3-118 of
the Act.
ARTICLE V.
OFFICERS
5.1 Designation of Officers: The officers of this Association
shall be a President, a Vice-President, a Secretary, an
Assistant Secretary. and a Treasurer. Each officer, except the
Assistant Secretary and except those who hold office pursuant
to Section 5.3 beyond their term as Director, shall be a member
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