703.15 Association of unit owners.
116 words·~1 min read·
/wi/chapter-703/703-15A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
703.15 Association of unit owners.
(1)Legal entity. The affairs of every condominium shall be governed by an association that, even if unincorporated, is constituted a legal entity for all purposes. Except for matters reserved to the association members or unit owners by this chapter, the declaration, or the bylaws, all policy and operational decisions of the association, including interpretation of the condominium instruments, bylaws, rules, and other documents relating to the condominium or the association, shall be made by its board of directors. This subsection does not affect the deference accorded to, or the standard of review of, an action of the board of directors by a court.
(2)Organization of association.
(a)Establishment; organization.