Stark & Stark Shareholder Presents Seminar With Respect to Community Associations, Reserves and Loans
Shareholder and Co-Chair of Stark & Stark's Community Association & Co-Op & Condominium Group, David J. Byrne, presented materials on financial issues relating to community associations including reserves and loans. The seminar was entitled "Community Associations, Reserves and Loans."
The presentation was part of the ASSOCIA/RIVER Management "Boot Camp for Board Members" Program, held in Poughkeepsie, New York on June 7, 2010. Mr. Byrne discussed reserve budgets and funds, and a community association's fiduciary duty in relation to reserves. He also spoke to the attendees about the power of community associations to borrow money, the process involved with that and commitment and third-party opinion letters.
You can listen to the full presentation online here. (13 MB)

