[Boomer]

Under this kind of governance, who is responsible for investing the money that comes in, I assume, from the amenities fees? (or do I have that straight?)

Is there anything in Florida law that governs investment of such funds?

-or can whoever just go off and buy Beanie Babies or art collections or some insurance company product that somebody's brother-in-law is selling?

There are some public pension funds that have made some terrible investments, some of which were beyond just a bad stock or two. People who do not know what they're doing have no business investing other people's money. But it happens all the time, especially in political positions.

So who watches over the residents' money?

TV is so beautifully maintained now. After the transition, can it stay that way?