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Is it legal for our condo board president order the property mgr to close a bank account on which the board treasurer had issued a cheque for payment which the president did not want paid?
Wiki User
∙ 14y ago
The aggrieved party who may have a legal question is the payee named on the check.
The conduct of the board -- by this example, carrying on a disagreement with counter-productive and rather public actions -- is at least childish.
The appropriate action of the board is to discuss the situation in an open board meeting, stating reasons and rationale for each action. The payee named on the check must be informed as to the intention of the association, which is that of the board as it votes to resolve this issue.
The matter belongs in the minutes, so that all members understand the situation and how its adult board settled the matter.
Had the matter been settled using appropriate corporate procedures, there would be no reason to document this situation.
Wiki User
∙ 14y ago
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