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Tag Archives: Business Judgment Rule
HOA Board of Directors have a duty to act with reasonable diligence in the performance of director duties.
By Keith Turner and Justin Escano Palm Spings Villas II v. Parth is a another example of what can happen when an HOA board member “goes rogue” and tests the limits of the so-called “business judgment rule,” which HOA … Continue reading
Posted in Court Cases, HOAs, Local Laws & Ordinances
Tagged Business Judgment Rule, HOA, Homeowners Association
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