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What is a “managing agent”?

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What is a “managing agent”?

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The managing agent is a company that is engaged by the Board of Directors to provide guidance to the Board, and to implement the Board’s decisions or instructions. The managing agent attends to the day-to-day operation of the Association.

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A Managing Agent is a person or entity hired specifically to assist the board of directors in enforcing the documents and managing the assets, funds, and interests of the association.

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