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November, 2016

Decisions of the Association’s Board of Directors are Generally Protected by the Business Judgment Rule

November 11th, 2016

Posted in Condominium & Homeowner Association Law

In a prior blog post, we discussed how the business judgment rule protects community association directors from personal liability absent willful action and fraud, self-dealing, or unjust enrichment.  In other words, the business judgment rule generally protects a director unless he or she derives an improper personal benefit from a particular decision or transaction.
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