BTMA still refusing to do audits to show where money is spent?

The Burning Tree Master Association board of directors claims in the newsletter they completed CPA reviews for the past three years.

Reviews??? What is that about and why did they waste money on reviews  when their by-laws clearly state there must be an audit to show where they have been spending the money they have been making people pay?

BTMA BY-LAWS REGARDING AUDITS:  Article IX (d) and Article X (2)(Note that Article X (2) also states that a copy thereof shall be sent to each member within thirty (30) days after completion thereof.  When did you receive yours in the mail?) 



NO AUDIT HAS EVER BEEN DONE SINCE BURNING TREE MASTER ASSOCIATION WAS FORMED
Were you aware that in the past they were not even getting CPA reviews but "tax reviews"? The board again did a CPA review instead of an audit without legal authority this year after they said they would do an audit. All residents of the Burning Tree are well aware that the Burning Tree Master Association has NEVER performed an audit. 
They just have someone look over what they submitted for the taxes and figure that is good enough!



AN AUDIT WOULD MAKE BTMA ACCOUNTABLE TO YOU FOR HOW THEY HAVE SPENT MONEY. 
The reason the BTMA is trying to figure out how to get an amendment passed is because an audit is what makes them accountable to you in regards to where they are spending your money.  An AUDIT will chronicle every penny taken in and spent, if the items were approved beforehand, who signed checks, if there were proper receipts and if the amount spent was the amount approved.  


IGNORING HOMEOWNERS REQUESTS FOR AUDITS AND TO SEE RECORDS
The BTMA has always ignored homeowners who have asked about  audits and to see the records by saying that someone at some time said they could do a review. Now they claim that they have found a long lost document from 31 years ago that talks about this very thing....even though it was the only paper that survived the elements there in the attic at the pool.    (See: Plan to ratify and why the BTMA wants your proxy )

 
LEGAL RIGHTS OF HOMEOWNERS IN BURNING TREE ONE AND BURNING TREE SOUTH
Should BTMA board members continue to disregard the covenants and assert that Burning Tree South and Burning Tree One  are a part of Burning Tree Master Association (even though they are aware that the Secretary of States office and also the covenants for these two subdivisions state otherwise)  there is an Oklahoma statute that homeowners have the legal right to use: § 1014.1. Interpretation and Enforcement of the Certificate of Incorporation and Bylaws: Any shareholder, member or director may bring an action to interpret, apply or enforce the provisions of the certificate of incorporation or the bylaws of a domestic corporation in the district court.  


 SHOW US THE MONEY!