IL Governor Vetoes Bill, Maintains Higher Threshold for Associations Municipal Incorporation
SB 1344 (Sen. Haine), would have amended Section 1-20 (d) of the Common Interest Community Association Act by providing that no action to incorporate a common interest community as a municipality shall commence until an instrument agreeing to incorporation has been signed by 51% of the members. Currently, the statute as written requires “two-thirds” of the members to agree to the municipal incorporation. Read the article…………..
One of the main reasons I love practicing common interest community law is its newness. Compare condominium law to, say,
The bill clarifies that the terms, conditions, covenants, and provisions of the documents creating and regulating a multiple housing cooperative
The winter has been harsh and long, but relief is on the way. Landscapers are cleaning up the grounds, and