WILLIAM DONALD SCHAEFER, Governor                    Ch. 321

(IV)  CONSULTATION WITH STAFF PERSONNEL,
CONSULTANTS, ATTORNEYS, OR OTHER PERSONS IN CONNECTION WITH
PENDING OR POTENTIAL LITIGATION;

(V)  INVESTIGATIVE PROCEEDINGS CONCERNING
POSSIBLE OR ACTUAL CRIMINAL MISCONDUCT;

(VI)  CONSIDERATION OF THE TERMS OR CONDITIONS
OF A BUSINESS TRANSACTION IN THE NEGOTIATION STAGE IF THE
DISCLOSURE COULD ADVERSELY AFFECT THE ECONOMIC INTERESTS OF THE
HOMEOWNERS ASSOCIATION;

(VII)  COMPLIANCE WITH A SPECIFIC
CONSTITUTIONAL, STATUTORY, OR JUDICIALLY IMPOSED REQUIREMENT
PROTECTING PARTICULAR PROCEEDINGS OR MATTERS FROM PUBLIC
DISCLOSURE; OR

(VIII)  ON AN INDIVIDUALLY RECORDED AFFIRMATIVE
VOTE OF TWO-THIRDS OF THE BOARD OR COMMITTEE MEMBERS PRESENT,
SOME OTHER EXCEPTIONAL REASON SO COMPELLING AS TO OVERRIDE THE
GENERAL PUBLIC POLICY IN FAVOR OF OPEN MEETINGS; AND

(3) IF A MEETING IS HELD IN CLOSED SESSION UNDER
PARAGRAPH (2) OF THIS SECTION:

(I)  AN ACTION MAY NOT BE TAKEN AND A MATTER MAY
NOT BE DISCUSSED IF IT IS NOT PERMITTED BY PARAGRAPH (2) OF THIS
SECTION; AND

(II)  A STATEMENT OF THE TIME, PLACE, AND
PURPOSE OF A CLOSED MEETING, THE RECORD OF THE VOTE OF EACH BOARD
OR COMMITTEE MEMBER BY WHICH THE MEETING WAS CLOSED, AND THE
AUTHORITY UNDER THIS SECTION FOR CLOSING A MEETING SHALL BE
INCLUDED IN THE MINUTES OF THE NEXT MEETING OF THE BOARD OF
DIRECTORS OR THE COMMITTEE OF THE HOMEOWNERS ASSOCIATION.

11B-111.

(A) (1) SUBJECT TO THE PROVISIONS OF PARAGRAPH (2) OF THIS
SUBSECTION, ALL BOOKS AND RECORDS KEPT BY OR ON BEHALF OF THE
HOMEOWNERS ASSOCIATION SHALL BE MADE AVAILABLE FOR EXAMINATION
AND COPYING BY A LOT OWNER, A LOT OWNER'S MORTGAGEE, AND THEIR
RESPECTIVE DULY AUTHORIZED AGENTS OR ATTORNEYS, DURING NORMAL
BUSINESS HOURS, AND AFTER REASONABLE NOTICE.

(2) BOOKS AND RECORDS KEPT BY OR ON BEHALF OF A
HOMEOWNERS ASSOCIATION MAY BE WITHHELD FROM PUBLIC INSPECTION TO
THE EXTENT THAT THEY CONCERN:

(I)  PERSONNEL RECORDS;

(II)  AN INDIVIDUAL'S MEDICAL RECORDS;

- 1873 -