board/director/ARC decisions, standard for

A director (board member) must act with business judgment.

Members Area. This resource is available to members. Join us by subscribing today!

16-6a-822. General standards of conduct for directors and officers
16-6a-902. Authority to indemnify directors
16-6a-904. Advance of expenses for directors
57-8-10.7. Board action to enforce governing documents -- Parameters
57-8-7.5. Reserve analysis -- Reserve fund
57-8-8. Compliance with covenants, bylaws and/or house rules and administrative provisions
57-8-8.1. Equal treatment by rules required -- Limits on rules
57-8a-211. Reserve analysis -- Reserve fund
57-8a-212.5. Compliance with governing documents
57-8a-213. Board action to enforce governing documents -- Parameters
Fink v. Miller (abandonment of covenant, enforcement) '95
Fort Pierce v. Shakespeare (CC&Rs not strictly construed) '16
Levanger v. Vincent (strict compliance, voting procedures) '00
Park West Condo v. Deppe (which law governs, strict compliance) '06
Reedeker v. Salisbury (director liability, ultra vires, CC&Rs are a contract, interpretation, governing law) '98

Index