HB 3871

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 3871 requires property owners’ associations (HOAs) to conduct annual independent financial audits and distribute copies to all association members. The audit must be conducted by a certified public accountant (CPA) if required by the association’s bylaws, a board vote, or a majority vote of homeowners. The bill ensures greater transparency and financial accountability within HOAs​.
Author (1)
Matthew Shaheen
View Bill Text and Status