State Codes and Statutes
Statutes > Michigan > Chapter-559 > Act-59-of-1978 > Section-559-157CONDOMINIUM ACT (EXCERPT)
Act 59 of 1978
559.157 Books, records, and contracts; examination; audit.
Sec. 57.
The books, records, and contracts concerning the administration and operation of the condominium project shall be available for examination by any of the co-owners and their mortgagees at convenient times and all books and records shall be audited or reviewed by independent accountants annually. Such audits need not be certified.
History: 1978, Act 59, Eff. July 1, 1978
