Sherwin Casher asked:
A member of a private golf club is exempt from Assessments because he/she meets specific criteria in the By-Laws, would that member be exempt from paying into a Capital Reserve Fund?
If the By_Laws of a private golf club exempts a member from special assessments because he/she meets specific ?
Posted by Jeff on July 19, 2008 in Golf Clubs · 1 Comment
Depends on how the by-laws define “special assessments”.
Generally not.