board/director/ARC decisions, standard for

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See also Index, conflict of interestliability, director; and business judgment rule.  As to the association's duty, see also Index, duty to treat owners fairly.

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

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See also Index, architectural review.

Statutes and Cases:

(For reference: 57-8 is the Condo Act, 57-8a is the Community Association Act, 16-6a is the Nonprofit Act)
HOA resources and laws annotated
HOA resources and laws annotated