The association shall keep financial records sufficiently detailed to enable the association to comply with Section 61 [47-7D-9 NMSA 1978] of the Condominium Act. All financial and other records shall be made reasonably available for examination by any unit owner and his authorized agents.
History: Laws 1982, ch. 27, § 51.
Compiler's notes. — This section is substantially similar to § 3-118 of the Uniform Condominium Act.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 15A Am. Jur. 2d Condominiums and Cooperative Apartments §§ 14, 16, 22, 29.
31 C.J.S. Estates § 153 et seq.
Structure 2021 New Mexico Statutes
Article 7C - Condominium Act - Management of Condominium
Section 47-7C-1 - Organization of unit owners' association.
Section 47-7C-2 - Powers of unit owners' association.
Section 47-7C-3 - Executive board members and officers.
Section 47-7C-4 - Transfer of special declarant rights.
Section 47-7C-5 - Termination of contracts and leases of declarant.
Section 47-7C-7 - Upkeep of condominium.
Section 47-7C-10 - Voting; proxies.
Section 47-7C-11 - Tort and contract liability.
Section 47-7C-12 - Conveyance or encumbrance of common elements.
Section 47-7C-14 - Surplus funds.
Section 47-7C-15 - Assessments for common expenses.
Section 47-7C-16 - Lien for assessments.
Section 47-7C-17 - Other liens affecting the condominium.