The Minnesota Common Interest Ownership Act requires open board meetings (Minn. Stat. § 515B.3-103), annual meetings with director elections (§ 515B.3-108), and gives owners broad access to association records (§ 515B.3-118), with only narrow exceptions for closed sessions.
Minn. Stat. § 515B.3-103(g) provides that "meetings of the board of directors must be open to the unit owners," except a board may close a meeting only to discuss personnel matters, pending or potential litigation, or criminal activity within the community. Section 515B.3-108 requires "a meeting of the association" at least once each year — with election of successor directors — and sets notice 21 to 30 days before annual meetings and 7 to 30 days before special ones. Section 515B.3-118 provides that "[a]ll records, except records relating to information that was the basis for closing a board meeting" must be "made reasonably available for examination by any unit owner," with copy fees capped at 25 cents per page.
No specific statutory dollar penalty. An owner denied an open meeting or records access may seek a court order compelling compliance; improper meeting closure does not by itself invalidate board action (§ 515B.3-103).
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