[PART VIII.]  CONDOMINIUM MANAGEMENT EDUCATION FUND

 

     [§514A-131]  Condominium management education fund.  (a)  The real estate commission shall establish a condominium management education fund that the commission may use for educational purposes.  Educational purposes shall include financing or promoting:

     (1)  Education and research in the field of condominium management, condominium registration, and real estate for the benefit of the public and those required to be registered under this chapter;

     (2)  The improvement and more efficient administration of condominium associations; and

     (3)  Expeditious and inexpensive procedures for resolving condominium association disputes.

     (b)  The commission may use any and all moneys in the condominium management education fund for purposes consistent with subsection (a). [L 1989, c 285, pt of §1]