Instrunent# 2005-256417 # 23 Book: 5654 Page: 34
ARTICLE XII ACCOUNTING RECORDS AND FISCAL MANAGEMENT
12.01 The Board of Directors shall appoint a Budget Committee to be responsible for establishing and maintaining the accounting policies and procedures ofthe Association.
ARTICLE XIII OBLIGATIONS OF OWNERS
13.01 All Owners are obligated to pay the periodic assessments imposed by the Association.
13.02 Every Owner and occupant of any Lot or dwelling Unit, their family members, guests,or invitees shall comply with all lawful provisions ofthis Declaration,the By-Laws,and the rules and regulations ofthe Association. Failure to comply shall be grounds for an action to recover sums due,for damages or injunctive relief,or for any other remedy available atlaw or in equity, maintainable by the Association or, in a proper case, by any aggrieved Lot or Dwelling Unit Owner or Owners. In addition, the Association may avail itself of any and all remedies provided in this Declaration or the By-Laws. The Owner shall be liable to the Association for all violations of the governing documents due to the acts or omissions of Owner, Owner's family members,guests or invitees. 13.03 Conduct ofMembers,their family members,guests, or invitees shall be governed by rules and regulations, which from time to time may be adopted by the Board and adopted by committees appointed by the Board.
ARTICLE XIV
RULES AND REGULATIONS
17
Made with FlippingBook - professional solution for displaying marketing and sales documents online