Model Code of
Ethics for Homeowners Association Board Members
Board members
should:
• Strive at all
times to serve the best interests of the association as a whole regardless of their personal
interests.
• Use sound
judgment to make the best possible business decisions for the association, taking into consideration all
available information, circumstances and resources.
• Act within the
boundaries of their authority as defined by law and the governing documents of the association.
• Provide
opportunities for residents to comment on decisions facing the association.
• Perform their
duties without bias for or against any individual or group of owners or non-owner residents.
• Disclose
personal or professional relationships with any company or individual who has or is seeking to have a business
relationship with the association.
• Conduct open,
fair, and well-publicized elections.
• Always speak
with one voice, supporting all duly-adopted board decisions—even if the board member was in the minority
regarding actions that may not have obtained unanimous consent.
Board members
should not:
• Reveal
confidential information provided by contractors or share information with those bidding for association
contracts unless specifically authorized by the board.
• Make
unauthorized promises to a contractor or bidder.
• Advocate or
support any action or activity that violates a law or regulatory requirement.
• Use their
positions or decision-making authority for personal gain or to seek advantage over another owner or non-owner
resident.
• Spend
unauthorized association funds for their own personal use or benefit.
• Accept any
gifts—directly or indirectly—from owners, residents, contractors or suppliers.
• Misrepresent
known facts in any issue involving association business.
• Divulge personal
information about any association owner, resident, or employee that was obtained in the performance of board
duties.
• Make personal
attacks on colleagues, staff, or residents.
• Harass,
threaten, or attempt through any means to control or instill fear in any board member, owner, resident,
employee, or contractor.
• Reveal to any
owner, resident, or other third party the discussions, decisions, and comments made at any meeting of the board
properly closed or held in executive session.
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