L.L. from Fairfield County, Connecticut writes:
Dear Mister Condo,
Mister Condo replies:
L.L., although I am not an attorney, I am not aware of any law that limits the amount a Board Director may spend on behalf of the association. I thought that association by-laws might address the issue but I wasn’t certain so I checked with a community association attorney who specializes in such matters who had this to say:
“If by “autonomous spending limit” you mean how much one board member can use or pledge for condo business, the limit is whatever the board decides to authorize that member to spend. There is no specific statute on this, and most bylaws wouldn’t cover it either except to require one or more authorized signatures on checks and contracts.”
All the best!