Amends the Common Interest Community Association Act. Requires a common interest community association's board of managers or board of directors to maintain a record of any reserve study. Amends the Condominium Property Act. Requires the board of managers of every association to keep and maintain records of any reserve study.

Statutes affected:
Introduced: 765 ILCS 160/1, 765 ILCS 605/19
Engrossed: 765 ILCS 160/1, 765 ILCS 605/19
Enrolled: 765 ILCS 160/1, 765 ILCS 605/19, 765 ILCS 605/35, 765 ILCS 615/70
Public Act: 765 ILCS 160/1, 765 ILCS 605/19, 765 ILCS 605/35, 765 ILCS 615/70