Mich. Admin. Code R. 559.504

Current through Vol. 24-15, September 1, 2024

Section R. 559.504 - Books; inspection; cost of annual audit

Rule 504. The bylaws shall provide that the books shall be maintained in accordance with section 57 of the act. The cost of the annual audit shall be an expense of administration. The right of inspection of the books by co-owners may be limited to a reasonable time and place specified in the bylaws.

1979 AC