Orchidland B of D liability issue

[John S. Rabi]

The BOD should have liability insurance, however the premium should be very low for an association which is basically inactive, have no dues and have no CC&Rs. The special assessment should be only a few bucks with the number of lots involved.
I don't know the Bylaws of the subdivision, but if it requires an operational Board and there is none, a Judge would appoint somebody to act on behalf of the BOD. That would cost more money to the property owners than the premium of the liability insurance.

Aloha,
John S. Rabi, GM,ARB,BFT,CM,CBR,FHS,PB,RB
808.989.1314
http://www.JohnRabi.com
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