Current through Public Act 103-1052
Section 765 ILCS 605/18.9 - [Renumbered from 765 ILCS 605/18.8] Common elements; rights of board(a) Any provision in a condominium instrument is void as against public policy and ineffective if it limits or restricts the rights of the board of managers by: (1) requiring the prior consent of the unit owners in order for the board of managers to take any action, including the institution of any action in court or a demand for a trial by jury; or(2) notwithstanding Section 32 of this Act, requiring the board of managers to arbitrate or mediate a dispute with any one or more of all of the declarants under the condominium instruments or the developer or any person not then a unit owner prior to the institution of any action by the board of managers or a demand for a trial by jury.(b) A provision in a declaration which would otherwise be void and ineffective under this Section may be enforced if it is approved by a vote of not less than 75% of the unit owners at any time after the election of the first unit owner board of managers.Renumbered from 765 ILCS 605/18.8 by P.A. 099-0078,§ 590, eff. 7/20/2015.Added by P.A. 098-1068,§ 5, eff. 1/1/2015.