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CHOA adopts Fraud Risk Assessment and Policy; annual acknowledgements required

Chimney Hill Owners Association, Inc. Board of Directors · July 19, 2025
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Summary

The board approved a Fraud Risk Assessment and Policy to be reviewed biennially by the VP/Treasurer; staff, board, and key volunteers will sign annual acknowledgements.

James Walker presented a Fraud Risk Assessment and Policy for board consideration. Dennis Heberlein moved to approve the policy; Steve Boyce seconded the motion and the board approved it unanimously.

The minutes state the policy will be reviewed every two years by the VP/Treasurer and that all staff, board members, and key volunteers must review and sign an annual acknowledgement. The board recorded the approval as one of the meeting's formal actions.