Minn. Stat. §515B.3-102

MCIOA — Powers of Unit Owners' Association

Enumerates broad association powers including rulemaking, assessment levying, hiring/discharging management, litigation, property acquisition, easement granting, imposing interest/late charges, and imposing reasonable fines for violations.

Status Active
Effective Jun 1, 1994
Verified Apr 15, 2026
Source Official text
Governance
Ref Requirement
Enumerates broad association powers including rulemaking, assessment levying, hiring/discharging management, litigation, property acquisition, easement granting, imposing interest/late charges, and imposing reasonable fines for violations.
Legal references last verified April 15, 2026. This content is educational and informational. It does not constitute legal advice. Consult a licensed attorney in your state for legal guidance specific to your situation.
Statutory-aligned HOA accounting infrastructure.
Fund accounting, enforcement guardrails, and audit-ready governance — built for board fiduciary standards.
Request Access
Login