Warning Signs: The Reasons Boards Might Treat Shareholders Differently
This article examines why board members of co-ops or condominiums should treat all shareholders and unit owners equally when making decisions. It examines the Business Judgment Rule that should be followed in over to avoid challenges or discrimination claims.
The article is part of a new series that will highlight certain issues that, if ignored or misunderstood, could signal trouble.
READ: Warning Signs: The Reasons Boards Might Treat Shareholders Differently