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Conflicts of Interest (IL)

/ Owner - September 6, 2017

The Illinois Condominium Property Act (the “Condominium Act”) does not provide complete guidance on when a board decision may be invalidated due to a conflict of interest. Therefore, a court, when deciding if a decision should be set aside due to a conflict, looks to the General Not for Profit Corporation Act of 1986 (the “Not For Profit Act”).    Read the article……………..

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