Montana law · Montana Unit Ownership Act -- Condominiums

§ 70-23-606, MCA

Records of receipts and expenditures affecting common elements -- inspection

Covered in 2 owner guides

What this section does for you

Requires the condo manager to keep chronological common-expense records and make them available for examination by unit owners at convenient weekday hours.
Owner guide: Records & transparency in Montana
Gives condo owners access to the manager's dated common-expense records, useful for documenting a pattern of inconsistent charges.
Owner guide: Selective enforcement in Montana

The statutory text

Verbatim from the public record. The law itself is a government work — always confirm the current version on the official source before you rely on it.

70-23-606. Records of receipts and expenditures affecting common elements -- inspection. (1) The manager shall keep detailed accurate records in chronological order of the receipts and expenditures affecting the common elements, itemizing the maintenance and repair expenses of the common elements and any other expenses incurred. (2) Such records and the vouchers authorizing the payments and receipts for payments shall be available for examination at the manager's place of business by the unit owners at convenient hours of weekdays. History: En. Sec. 25, Ch. 120, L. 1965; R.C.M. 1947, 67-2325; amd. Sec. 2, Ch. 385, L. 1983.