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1 | | board of directors may be elected at the annual meeting. |
2 | | (3) Special meetings of the board may be called by the |
3 | | president, by 25% of the members of the board, or by any |
4 | | other method that is prescribed in the community |
5 | | instruments. Special meetings of the membership may be |
6 | | called by the president, the board, 20% of the membership, |
7 | | or any other method that is prescribed in the community |
8 | | instruments. |
9 | | (4) Except to the extent otherwise provided by this |
10 | | Act, the board shall give the members notice of all board |
11 | | meetings at least 48 hours prior to the meeting by sending |
12 | | notice by using a prescribed delivery method or by posting |
13 | | copies of notices of meetings in entranceways, elevators, |
14 | | or other conspicuous places in the common areas of the |
15 | | common interest community at least 48 hours prior to the |
16 | | meeting except where there is no common entranceway for 7 |
17 | | or more units, the board may designate one or more |
18 | | locations in the proximity of these units where the notices |
19 | | of meetings shall be posted. The board shall give members |
20 | | notice of any board meeting, through a prescribed delivery |
21 | | method, concerning the adoption of (i) the proposed annual |
22 | | budget, (ii) regular assessments, or (iii) a separate or |
23 | | special assessment within 10 to 60 days prior to the |
24 | | meeting, unless otherwise provided in Section 1-45 (a) or |
25 | | any other provision of this Act. |
26 | | (5) Meetings of the board shall be open to any unit |
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1 | | owner, except for the portion of any meeting held (i) to |
2 | | discuss litigation when an action against or on behalf of |
3 | | the particular association has been filed and is pending in |
4 | | a court or administrative tribunal, or when the common |
5 | | interest community association finds that such an action is |
6 | | probable or imminent, (ii) to consider third party |
7 | | contracts or information regarding appointment, |
8 | | employment, or dismissal of an employee, or (iii) to |
9 | | discuss violations of rules and regulations of the |
10 | | association or a member's or unit owner's unpaid share of |
11 | | common expenses. Any matter discussed in the portion of the |
12 | | board meeting closed to members of the association shall be |
13 | | generally noted in the minutes of the immediately following |
14 | | meeting that is open to any member. Any vote on these |
15 | | matters shall be taken at a meeting or portion thereof open |
16 | | to any member. |
17 | | (6) The board must reserve a portion of the meeting of |
18 | | the board for comments by members; provided, however, the |
19 | | duration and meeting order for the member comment period is |
20 | | within the sole discretion of the board. |
21 | | (7) Minutes of: |
22 | | (i) meetings of the board of directors or managers |
23 | | other than the portion of the board meeting closed to |
24 | | members of the association; |
25 | | (ii) meetings of the membership; or |
26 | | (iii) meetings of committees with decision making |
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1 | | authority; |
2 | | must be made available to members within 30 calendar |
3 | | days of the meeting unless a subsequent meeting is held |
4 | | less than 30 calendar days after the meeting, in which case |
5 | | the minutes shall be made available to the members no less |
6 | | than one calendar day before the following meeting. As used |
7 | | in this Section, "minutes" includes draft minutes proposed |
8 | | for adoption and marked to indicate draft status until such |
9 | | time as they are adopted.
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10 | | (Source: P.A. 96-1400, eff. 7-29-10; 97-605, eff. 8-26-11; |
11 | | 97-1090, eff. 8-24-12.)
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12 | | (765 ILCS 160/1-75)
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13 | | Sec. 1-75. Exemptions for small common interest |
14 | | communities. |
15 | | (a) A common interest community association organized |
16 | | under the General Not for Profit Corporation Act of 1986 and |
17 | | having either (i) 10 units or less or (ii) annual budgeted |
18 | | assessments of $100,000 or less shall be exempt from this Act |
19 | | unless the association affirmatively elects to be covered by |
20 | | this Act by a majority of its directors or members. |
21 | | (b) Common interest community associations which in their |
22 | | declaration, bylaws, or other governing documents provide that |
23 | | the association may not use the courts or an arbitration |
24 | | process to collect or enforce assessments, fines, or similar |
25 | | levies and common interest community associations (i) of 10 |
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1 | | units or less or (ii) having annual budgeted assessments of |
2 | | $50,000 or less shall be exempt from subsection (a) of Section |
3 | | 1-30, subsections (a) and (b) of Section 1-40, and Section 1-55 |
4 | | but shall be required to provide notice of meetings to members |
5 | | in a manner and at a time that will allow members to |
6 | | participate in those meetings.
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7 | | (Source: P.A. 96-1400, eff. 7-29-10; 97-605, eff. 8-26-11; |
8 | | 97-1090, eff. 8-24-12.)".
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