What's New

• • CAI Exchange Topics

    1. Reserve Investing - Can CICs invest in US Government debt if their governing documents require FDIC insurance coverage (available up to $250,000 per financial institution (including CDs invested at unique institutions)???

       • Both FDIC insurance AND US Government debt (Treasury Bills / Bonds / Notes) are backed by the same source (the full faith and credit of the United States Government),  The intent?  Guaranteed return of principal.

       • Some statutes require "income earning" accounts

       • Two reserve investing resources published on the Reserves Page

       • Reserve fund policy

• • 2.  Anonymous Complaints and Due Process - A zinger!  A few tidbits you might enjoy:

       • Anonymous complaints that cannot be readily substantiated should not be addressed by an association.  These are often "neighbor to neighbor" disputes.

       • In WA State, CIC record-keeping, disclosure and due process statutory requirements = complainants cannot remain confidential.  There is generally no basis for a violation hearing where the accused is not entitled to know their accuser and/or obtain information via a records request

• • 3. Surveillance - Someone's watching...

       • Cameras in common areas

       • Third-party surveillance monitoring

       • Multi-Family Property Security Tips / Read Me

• • 4. Step-by-Step How To Update your Governing Documents

• • 5. Violation Hearing Protocols

       • Want an example?  See Page 5 of our example rules