The use of a corporate entity alone is not enough to protect the owners or shareholders or members from liability to creditors. Are you doing enough?
There is a difference in the enforceability of CC&Rs and Rules within an HOA. Which one do you want to amend?
On June 21, 2016, California Court of Appeal for the Fourth District, Division 1 handed down an interesting ruling with regards to Homeowners Associations (HOA) and the protection of directors under the Business Judgment Rule.