Question:
Can the president of the board of directors also be treasurer?
– Lorraine
Answer:
Hi Lorraine,
While it is not recommended for the president and treasurer to be the same person, Alabama law does not prohibit it. However, you should check the governing documents of your HOA. These documents, specifically the bylaws, may contain language that restricts this type of setup.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.
