Q Our management company just changed hands. The building records were shipped to
 the co-op, placed in a room across from the laundry and the rumor is that only
 the superintendent has the key. The other night when the new manager came, he
 left the door unlocked and the records were exposed to anyone who had access to
 that room. Since this new manager does not see the importance of housing our
 records at his location, I am afraid of identity theft and want my folder
 removed from that room. Do I have the right as a board member and shareholder
 to remove it? 
 
                           —Concerned Shareholder 
 
                     
                    
A “The management company has a fiduciary obligation to the unit owners to
 safeguard their records,” says Hackensack-based attorney Donald Onorato. “Likewise, the letter writer as a member of the board of trustee has an
 obligation to the association to ensure that the interests of the shareholders
 are protected and their personal information is not compromises. 
 
 “The letter writer should consult with fellow board members, and advise the
 management company in writing that the records have not been safeguarded and
 they must immediately place these records in a safe place to ensure that
 personal information such as social security numbers, etc. are not stolen or
 compromised. The board member should not just remove his/her personal file, but as the
 association acts through a board of trustees, the board should ensure that the
 records are protected. 
 
                     
                    
 “If the management company does not understand the importance of safeguarding
 records, the board should contact its counsel since it is clear that the
 management company has been negligent in allowing potentially sensitive
 information to be disclosed to a third party.”    n 
                     
                            
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