Section 559.504. Books; inspection; cost of annual audit.  


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  • The bylaws shall provide that the books shall be maintained  in accordance with section 57 of the act. The cost of the annual audit shall be an expense of administration. The right  of  inspection  of   the  books   by co-owners may be limited to a reasonable time and place  specified   in   the bylaws.

History: 1979 AC.