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6.~1 ~>i:c:~lc•1~~tic~r? of .~:,~,~~~siu~~~~t lf~:t~~ll~:~~•tit.~ ~~E~~ ii i~ t~ult.
If conduminium unit owiicr ,,i~.~ll b~ ir~ d~t.,~lt i~~ tt~~~ E~~,y~nent
of an installment up~n an assessui~~nt, the lsc~~r~1 0: Uirtici.ors may
accelerat~.~ the rtm~ining instalLuents of th~ a~se .s~nr:r~t. upon
notice to tt~~.~ condominium unit o~v~~ei ~ anci tt:~ the?~ u~;F~.:icl balance
of the ~ssessrnent st?all E~~ du~: uE,o~~ th~ d~ t~~ s t~t~:d in th~ notice.
but not less than five (5) ci~ys .jft~-r c~~~livc~ry of th~ r~otic~: to
the condorninium unit owner, or no t l~ as th~n ten ~ 10 }~tays af ter
tt~e mailing of such notic~ t~ hiiu by r~gist~•rcd or c~r~iiied
mail, whichever shall first uccur.
6.5 ThE~ dc~~ository or tl,~ kssc,ci~tic;n st~all be ~~~ch bank
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or bar,ks as shal~ be desiyRat~d fror~~ time t~, time t,y t~,e ciirectors
and in wt~ich the mor;ies at thr Assoc.i~tior? ~h~ll b~ ~.tec~osited.
Withdrawal of monies frc.m such accounts s1,a11 be unly t,y checks
signed by such p`rsons as are authorized l~y ttie dire:.t~~rs,
provid~d that a tddn~yem~:nt kgrecmc:nt m~~y include in it~ provisions
authority in the Monager to sign ch~.ck~ or~ t,ehalf c,f ti~e ~rssocia-
tion for payment of ttie ok,ligations of th~~ Asc;ociatiur,.
0.6 Fideli ty hc;nds may be requir~:d t,y the E o:ir~1 ~f i)irectors
for all persons handling or r~:spansible f~,r A~soc i.~tion funds in
such an dmount as shall be d~terminad by th~ Esoa~d, Ih~: ~~remiums
on such bonds shall be paid by thz Associ.~tion.
6.7 Audit. An audit ~>f the accounts uf th~~ ~+~sc:ci~tion may -
be rnade from time to ti~ne as directed by tl~z E3oa~~d c,f. Dir::ctors.
co~;y or any auc~it repoa t reCeived ~s a r~ sult ~~f ~=n ~udit
shdll t~e furnist~ed ~dch rnemb~:r uf th~: As:.~~ciatio,? nc~t l~tzr than
thirty (30) days ~t t~r its receiE~t by th~ l:oorci. "
7. ~~drl i~,rr,t~r,tai~y rult, s. Eioberts' K~iles c,l Urd~: ( la ~ e•,t edition)
shall gov~:rn thr conciuct of the A:,so~iatic~r? mr~:t:ir?c~s .~t~cr~ ;n~:c:r~,aration,
or thesa By-L~vrs.
E3. F,rn~:r?dmer?ts. A r:~~c,luf.ior+ fol th~ ~dc~p~:ic.n c.: a j,.o~~c.s~d
amendment of these By-L~w~~ r,~dy k~~ pro~,~~ed by aitl~er thc B~,ar~i of
Directors oi the J;ssoci~tion or by thc u?ember~ ~,f thE F.s~.c.~.iation.
Members m~y proposa such an arnend~nent by xnsti u~~?ertt in v;ri tin~~ directed ~
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