Is Your Michigan Condominium Association Prepared to Handle a Co-Owner’s Document Inspection Under the Michigan Nonprofit Corporations Act, MCL 450.2101, et seq.?
In Michigan, the Michigan Condominium Act, MCL 559.157, requires that the “…books, records, contracts, and financial statements concerning the administration and operation of the condominium” be available for examination by the co-owners at convenient times. Accordingly, most condo documents also contain provisions that require the books