Illinois Statutes Chapter 765. Property § 745/6.29. Articles of incorporation

§ 6.29. Articles of incorporation. The articles of incorporation of a homeowners' association shall provide:

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.