Your summary of the Shores Decision and the resulting amendment is correct. So long as your bylaws obligate the Corporation to take care of the managed property the Corporations should do so. Nothing in the Amendment Act will change this, in fact, such further confirms the obligation of a Corporation in regards to managed property.
TODD S on March 12 2018 at 07:57 AM
This thread has been double posted and the response has been moved to the original thread.
Alan W on March 12 2018 at 03:15 PM