Illinois HB5617 amends the Common Interest Community Act to specify records that must be provided to unit owners and outlines which records may not.
HB5617 amends the Common Interest Community Act to detail which records of a common interest community association must be provided to unit owners upon request. It specifies that records such as the recorded declaration, community instruments, bylaws, financial records, and meeting minutes must be accessible. The board must maintain these records on a secure website and provide electronic access at no cost. If a unit owner requests paper copies, the board may charge for copying costs if the request exceeds 25 pages.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.