22 views 22 sec 0 Comment

A reasonably prudent director

/ Owner - May 21, 2015

Condo directors in Ontario are expected to exercise a certain degree of attentiveness, caution and prudence while carrying out their duties. This expectation is known as the “standard of care” and is set out in section 37(1) of the Condominium Act, 1998, which provides:      Read the article……….

Comments are closed.