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Rep. Kelly M. Cassidy
Filed: 4/29/2014
| | 09800SB2892ham001 | | LRB098 12652 HEP 58774 a |
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1 | | AMENDMENT TO SENATE BILL 2892
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2 | | AMENDMENT NO. ______. Amend Senate Bill 2892 by replacing |
3 | | everything after the enacting clause with the following:
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4 | | "Section 5. The Condominium Property Act is amended by |
5 | | adding Section 18.8 as follows: |
6 | | (765 ILCS 605/18.8 new) |
7 | | Sec. 18.8. Common elements; rights of board. |
8 | | (a) Any provision in a condominium instrument is void as |
9 | | against public policy and ineffective if it limits or restricts |
10 | | the rights of the board of managers by: |
11 | | (1) requiring the prior consent of the unit owners in |
12 | | order for the board of managers to take any action, |
13 | | including the institution of any action in court or a |
14 | | demand for a trial by jury; or |
15 | | (2) notwithstanding Section 32 of this Act, requiring |
16 | | the board of managers to arbitrate or mediate a dispute |