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HomeMy WebLinkAbout1345 . will affect or impair the validity or priority of any mortgage covering any apartment. 9. HO_. Fidelity bonds shall be required by the Board,of Directors from all Officers or Directors of the Aasodation who control or disburse Assodation lt~nds. The amount of such bonds shall be determined by the Directors, but shall be not less than one-half of the amount of the total annual assessments against members for common expenses . The premiums on such bonds shall be paid by the Association . . The foregoing were adopted as the Bylaws of OCEAN HARBOUR CONDOMINIUM ASSOCIATION , INC . , a corporation not for proStt under thelaws of the State of Florida, at the Srst meeting of the Board of Directors. held on the 5th day of September 19 8Q TONY NGO , Pres' ent ATTEST: FAITH SOTOLONGO, Sec - ~jitidn Seal) 's• b _ ~ ~ -.=c-.. i Y ~ - ~ . ~ is ~ I ~ I i F E E -8- f 8338 P~E1343 ~ . _ - - _ _ ~ T.~.~