The Importance of a Code of Conduct

Given the reality that most people who serve as the volunteer directors of a homeowners’ or condominium owners’ association have little or no experience in serving on a corporate board, or in managing a complex business, or dealing with employees and/or a management company, a Code of Conduct can serve as a useful reference tool for directors and a reminder of their duties and responsibilities. A Code of Conduct also provides the rest of an association’s board members and management personnel with something to refer to when issues arise concerning a particular board member’s conduct.