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306.40 SECRETARY'S ANNUAL REPORT.
When a care and improvement fund is in the care of a board of trustees, the secretary of
the association shall be its secretary and keep a full record of its proceedings. The board, on
November 1 each year, shall make a full report of the condition of the fund to the trustees of the
association. The report must be open to the inspection of all lot owners.
History: (7594) RL s 2959; 1988 c 469 art 5 s 1

Official Publication of the State of Minnesota
Revisor of Statutes