Would this be fraud?

I am not sure about Texas law but some states require the Seller to provide the CC&R's and Articles of Incorporation. Other states it is looked upon as the BUYER's responsibility ALONE. Meaning you are responsible for being "informed" by doing what you did by going to the Records source. It was NOT the POA's responsibility or board member to give them to you. They most likely gave you a copy of what they had. Which in the HOA world doesn't necessarily mean the most up to date copy.

If you are in the state that requires the seller to provide then your investment company may have been responsible. However, IF you bought this through a foreclosure then there is no "seller" to have provided them.

All in all, you are STILL a member of the HOA that is still held to the latest and greatest rules they have on file. You don't get exempt from paying dues or special assessments because you did not get an accurate copy from anyone. You have the right ones now. It would not be unusual or more common that other members in the POA would have various versions due to whenever they bought their property. Those documents are considered PUBLIC. The other just never went and got an updated copy.

The HOA Board can and should ensure a EULA is in place for use of the official web site. It protects the HOA.

No one said anything about not paying..... And the version they gave was different than the one that was on file at the time. I understand than people have different copies. My issue is that a board member sent a copy that was not valid and was newer than the one on file with the county.

Some basics:

In order to prove fraud, you would have to prove that (1) the act was intentional, not accidental, and (2) done in order to benefit the perpetrator (3) at the expense of the victim.

The burden of proof is on the accuser (ie, the plaintiff) if this would go to court.

In the absence of demonstrable monetary damages, it's entirely possible to spend far more money over years of litigation than the plaintiff could ever hope to recover. An ethical lawyer would point this out. An unethical one may not.

Even if the plaintiff wins, there is no guarantee that they would be able to collect. There are lawyers out there whose specialty is tracking down assets that losing defendants hide from the court. One such lawyer said that, in civil cases, maybe 20% of winning plaintiffs ever see a dime. Fraud is often a criminal matter, however, so things may be different.

For legal advice, talk to a lawyer. Most of us here aren't lawyers, and we're specifically not your lawyer.

Regarding collections in HOAs/condos:

You can't look at how much is outstanding and conclude anything about what the board is or is not doing. Collections and related legal processes are generally confidential, meaning other owners are not entitled to any of the details. From the outside, a case that the board is completely ignoring will look exactly like one where the delinquent owner simply isn't paying. It also costs the association money to go after delinquent owners, and in many cases this can just dig a deeper financial hole that will never get filled. In communities where there is a lot of turnover in the membership, it can make good financial sense to just lien the properties in question and wait for the owners to sell. Unfortunately, the ultimate decider on whether the HOA ever sees its money is the delinquent owner. There is an art to figuring out what kind of delinquent you're dealing with and what the chances are that the HOA will ever be able to collect.

Regarding HOA/condo boards:

These people are not professionals and are not paid for their work. They mess up pretty regularly. This can be aggravating as heck, but it's a fact of life in community associations. You can either live with this, or you can't. I personally think that the solution is to replace untrained amateur boards with paid professionals. But this would require a whole lot of laws to be re-written. It would also make housing even more unaffordable. There are professionals out there who do the work of boards in communities that don't have one. They're called receivers, and they can make more per hour than a lawyer. Communities that go into receivership can see their assessments double overnight, which is why homeowners who know what they're doing try to avoid this.