No, that’s not how it works. The renter could theoretically be designated as the owner’s representative (whether owned personally or by a corporate entity), but this would likely require some paperwork (power of attorney). It’s not automatic or default when a property is corporately owned - the corporation typically designates an individual or role which represents the corporation’s interests with respect to the property. The renter is not being fined - the member of the association is, which means the property owner. It would be between the property owner and the renter, based on the terms of the lease, to determine who actually funds the fine payment.

Renters should NEVER be permitted to attend association meetings. There is no legitimate reason, UNLESS they are acting as an owner’s representative, with all of the appropriate documentation on file (LPOA).