Question:
Does a HOA Treasurer have to be bonded by Florida law??
– Paul
Answer:
Hi Paul,
Many homeowners associations in Florida are required to carry D&O insurance, which also covers the HOA treasurer. Check your CC&Rs and bylaws for such a requirement. Even if your governing documents do not require this type of insurance, though, it is still worth getting due to its many benefits.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.