D&O E&O Monitor

Category

May we pay members of our board of directors for our condominium association?

Generally, unless it is precluded by the declaration of bylaws for an association, there is no direct prohibition in the Illinois Condominium Property Act that would preclude an association from paying its directors for their service. However, any such compensation… Continue Reading →

© 2019 Tressler LLP
Disclaimer | Privacy Policy