2006 Michigan Compiled Laws - Mich. Comp. Laws § 559.157 Books, records, and contracts; examination; audit.

CONDOMINIUM ACT (EXCERPT)
Act 59 of 1978


559.157 Books, records, and contracts; examination; audit.

Sec. 57.

The books, records, and contracts concerning the administration and operation of the condominium project shall be available for examination by any of the co-owners and their mortgagees at convenient times and all books and records shall be audited or reviewed by independent accountants annually. Such audits need not be certified.


History: 1978, Act 59, Eff. July 1, 1978



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