<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1061566567187268&amp;ev=PageView&amp;noscript=1">
Skip to content

Is It Normal to Distribute Dues Payment Status to All Co-op Members?


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 are not addressed in our governing documents.

Does anyone know the "standard" with regard to the disclosure private information, specifically, distributing financials to all Shareholders that detailing who paid and who owes a balance?

Answers (4)

What are your thoughts on this topic? Please share your answers below. We ask that you remain respectful of each other, and be advised that responses are monitored.