Category: Client Alerts
Restrictive Endorsements
All, we try to share relevant news as much as possible. Last week a case came down which will undoubtedly affect the way you manage your associations. Specifically, payments made with restrictive endorsements, like checks marked “paid in full”, if deposited, may be interpreted as settlement of the debt owed […]
Our Association is Over Budget. Now What?
Our association is over budget halfway through the year and anticipates running out of money…what can we do? It is not an uncommon situation for there to be variation between an association budget and the actual expenses incurred. At the beginning of each fiscal year, typically via board vote, the […]
Employment Law Alert – June 2013
Governor Robert Bentley signed a gun bill into law on May 22, 2013. Alabama Act 2013-283, known as the “Guns in the Parking Lot Act,” becomes effective August 1, 2013. Read More