Illinois HOA laws
What Illinois asks of your association
By OurHOA · General reference
Illinois common interest communities (non-condominium) are governed by 765 ILCS 160. It covers meetings and notice, member access to books and records, and association finances.
Meetings
Meetings & notice
765 ILCS 160/1-40Give members notice of membership and board meetings; budget and assessment meetings require advance notice.
Records
Books and records
765 ILCS 160/1-30Members may inspect, examine, and copy association records, including financial records.
Financial
Finances
765 ILCS 160/1-45Adopt and disclose the annual budget and notify members of assessment changes.
Source: Illinois General Assembly (ilga.gov). Use the cited sections to locate the relevant provisions in the official source and confirm the current text and its applicability.
This is general information to help boards get oriented, not legal advice. HOA statutes change and courts interpret them differently case to case. Confirm specifics with your association's attorney before acting.
Keep board records and tasks together
Use OurHOA to organize community work. Your board remains responsible for identifying applicable requirements and deadlines.