|
| | SB2741 Enrolled | | LRB099 18958 HEP 43347 b |
|
|
1 | | AN ACT concerning civil law.
|
2 | | Be it enacted by the People of the State of Illinois,
|
3 | | represented in the General Assembly:
|
4 | | Section 5. The Common Interest Community Association Act is |
5 | | amended by changing Section 1-60 as follows: |
6 | | (765 ILCS 160/1-60)
|
7 | | Sec. 1-60. Errors , and omissions , and inconsistencies . |
8 | | (a) If a provision of the community instruments does not |
9 | | conform to this Act or to another applicable law because of an |
10 | | error, omission, or inconsistency in the community instruments |
11 | | of the association, the association may correct the error, |
12 | | omission, or inconsistency to conform the community |
13 | | instruments to this Act or to another applicable law by an |
14 | | amendment adopted by vote of two-thirds of the board of |
15 | | directors, without a membership vote. A provision in the |
16 | | community instruments requiring members of record to vote to |
17 | | approve an amendment to the community instruments, or for the |
18 | | members of record to be given notice of an amendment to the |
19 | | community instruments, does not apply to an amendment that |
20 | | corrects an omission, error, or inconsistency to conform the |
21 | | community instruments to this Act or to another applicable law. |
22 | | there is an omission or error in the declaration or other |
23 | | instrument of the association, the association may correct the |
|
| | SB2741 Enrolled | - 2 - | LRB099 18958 HEP 43347 b |
|
|
1 | | error or omission by an amendment to the declaration or other |
2 | | instrument, as may be required to conform it to this Act, to |
3 | | any other applicable statute, or to the declaration. The |
4 | | amendment shall be adopted by vote of two-thirds of the members |
5 | | of the board of directors or by a majority vote of the members |
6 | | at a meeting called for that purpose, unless the Act or the |
7 | | declaration of the association specifically provides for |
8 | | greater percentages or different procedures. |
9 | | (b) If, through a scrivener's error, a unit has not been |
10 | | designated as owning an appropriate undivided share of the |
11 | | common areas or does not bear an appropriate share of the |
12 | | common expenses, or if all of the common expenses or all of the |
13 | | common elements have not been distributed in the declaration, |
14 | | so that the sum total of the shares of common areas which have |
15 | | been distributed or the sum total of the shares of the common |
16 | | expenses fail to equal 100%, or if it appears that more than |
17 | | 100% of the common elements or common expenses have been |
18 | | distributed, the error may be corrected by operation of law by |
19 | | filing an amendment to the declaration, approved by vote of |
20 | | two-thirds of the members of the board or a majority vote of |
21 | | the members at a meeting called for that purpose, which |
22 | | proportionately adjusts all percentage interests so that the |
23 | | total is equal to 100%, unless the declaration specifically |
24 | | provides for a different procedure or different percentage vote |
25 | | by the owners of the units and the owners of mortgages thereon |
26 | | affected by modification being made in the undivided interest |
|
| | SB2741 Enrolled | - 3 - | LRB099 18958 HEP 43347 b |
|
|
1 | | in the common areas, the number of votes in the association or |
2 | | the liability for common expenses appertaining to the unit.
|
3 | | (c) If a scrivener's error in the declaration or other |
4 | | instrument is corrected by vote of two-thirds of the members of |
5 | | the board pursuant to the authority established in subsection |
6 | | (a) or subsection (b), the board, upon written petition by |
7 | | members with 20% of the votes of the association received |
8 | | within 30 days of the board action, shall call a meeting of the |
9 | | members within 30 days of the filing of the petition to |
10 | | consider the board action. Unless a majority of the votes of |
11 | | the members of the association are cast at the meeting to |
12 | | reject the action, it is ratified whether or not a quorum is |
13 | | present.
|
14 | | (d) Nothing contained in this Section shall be construed to |
15 | | invalidate any provision of a declaration authorizing the |
16 | | developer to amend an instrument prior to the latest date on |
17 | | which the initial membership meeting of the members must be |
18 | | held, whether or not it has actually been held, to bring the |
19 | | instrument into compliance with the legal requirements of the |
20 | | Federal National Mortgage Association, the Federal Home Loan |
21 | | Mortgage Corporation, the Federal Housing Administration, the |
22 | | United States Department of Veterans Affairs, or their |
23 | | respective successors and assigns.
|
24 | | (Source: P.A. 96-1400, eff. 7-29-10; 97-605, eff. 8-26-11; |
25 | | 97-1090, eff. 8-24-12.)
|