Illinois § 6.29 Articles of incorporation

Illinois Statutes

§ 6.29 — Articles of incorporation

Illinois § 6.29

TopicRIGHTS AND REMEDIES

Ch. 765PROPERTY

Act 765 ILCS 745/Mobile Home Landlord and Tenant Rights Act.

This text of Illinois § 6.29 (Articles of incorporation) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

765 Ill. Comp. Stat. 6.29 (2026).

Text

The articles of incorporation of a homeowners' association shall provide:

(1)That the association has the power to negotiate for, acquire, and operate the mobile home park on behalf of the mobile home owners.

(2)For the conversion of the mobile home park once acquired to a condominium, a cooperative, a subdivision form of ownership, or another type of ownership. Upon acquisition of the property, the association, by action of its board of directors, shall be the entity that:

(A)creates a condominium, cooperative, or subdivision;

(B)is responsible for offers of sale or lease; or (C) if the home owners choose a different form of ownership, the entity that owns the record interest in the property is responsible for the operation of property.

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The articles of incorporation of a homeowners' association shall provide: (1) That the association has the power to negotiate for, acquire, and operate the mobile home park on behalf of the mobile home owners. (2) For the conversion of the mobile home park once acquired to a condominium, a cooperative, a subdivision form of ownership, or another type of ownership. Upon acquisition of the property, the association, by action of its board of directors, shall be the entity that: (A) creates a condominium, cooperative, or subdivision; (B) is responsible for offers of sale or lease; or (C) if the home owners choose a different form of ownership, the entity that owns the record interest in the property is responsible for the operation of property.