---
title: Are co-op laws for distributing information different than HOAs?
description: I reside in a co-op in Illinois. Since we fall under the Business Corporation Act, the interpretation of this law often falls upon an attorney
---

[Skip to content](https://www.condoassociation.com/blog/are-co-op-laws-for-distributing-information-different-than-hoas#main-content)

# Are co-op laws for distributing information different than HOAs?

| [Condo & HOA Law](https://www.condoassociation.com/blog/topic/condo-hoa-law) |  

<https://www.facebook.com/sharer/sharer.php?u=https://www.condoassociation.com/blog/are-co-op-laws-for-distributing-information-different-than-hoas>

<https://twitter.com/intent/tweet?url=&text=https://www.condoassociation.com/blog/are-co-op-laws-for-distributing-information-different-than-hoas>

<https://pinterest.com/pin/create/button/?url=https://www.condoassociation.com/blog/are-co-op-laws-for-distributing-information-different-than-hoas>

<https://www.linkedin.com/shareArticle?mini=true&url=https://www.condoassociation.com/blog/are-co-op-laws-for-distributing-information-different-than-hoas>

## What do you think? Question:

### I reside in a co-op in Illinois. Since we fall under the Business Corporation Act, the interpretation of this law often falls upon an attorney for some topics that isn't addressed in our governing documents. Does anyone know the "standard" with private information, specifically distributing financials to all shareholders that details who paid and balances owed?

<https://www.facebook.com/sharer/sharer.php?u=https://www.condoassociation.com/blog/are-co-op-laws-for-distributing-information-different-than-hoas>

<https://twitter.com/intent/tweet?url=&text=https://www.condoassociation.com/blog/are-co-op-laws-for-distributing-information-different-than-hoas>

<https://pinterest.com/pin/create/button/?url=https://www.condoassociation.com/blog/are-co-op-laws-for-distributing-information-different-than-hoas>

<https://www.linkedin.com/shareArticle?mini=true&url=https://www.condoassociation.com/blog/are-co-op-laws-for-distributing-information-different-than-hoas>

## What do you think? Answers (4)

#### What are your thoughts on this topic?

***Comments and postings are not legal advice**, but are the opinions of our readers. This forum and its contents are being monitored. Please be respectful of each other. *  
  

## Related Posts

### [HOA vs Owner: who's responsible for property damage?](https://www.condoassociation.com/blog/hoa-vs-owner-whos-responsible-for-property-damage)

### [Owner's car damaged in condo association parking garage](https://www.condoassociation.com/blog/owners-car-damaged-in-condo-association-parking-garage)

### [Old building, condo unit wear and tear. Does association need to fix it?](https://www.condoassociation.com/blog/tabid/19257/bid/104807/Old-building-condo-unit-wear-and-tear-Does-association-need-to-fix-it.aspx)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "dateModified" : "2024-10-01",
  "datePublished" : "2024-10-01",
  "headline" : "Are co-op laws for distributing information different than HOAs?",
  "image" : [ "" ],
  "mainEntityOfPage" : {
    "@id" : "https://www.condoassociation.com/blog/are-co-op-laws-for-distributing-information-different-than-hoas",
    "@type" : "WebPage"
  }
}
```