Illinois HOA laws
What Illinois asks of your association
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). Citations link to the official statute - always confirm against the current text.
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.
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