Article from Volume 1, Issue Number 1, 2020
CCI Director’s Code of Ethics
Extracted from CCI National Resource Centre
CCI code of ethics for use by Condominium and Strata Corporations are important for all Condominium Boards to have in place. Here is a guide form that can be completed and signed by potential directors.
I have consented to act as a Director of the Corporation and I agree to comply with the following Directors’ Code of Ethics throughout my term(s) as a Director:
Care, Diligence and Skill
I will exercise the degree of care, diligence and skill of a reasonably prudent person in comparable circumstances. I will make a concerted effort to attend all Board and owners’ meetings. I will act responsibly and with due diligence to become familiar with the affairs of the Corporation and to uphold its Declaration, Description Plans, By-Laws, Rules, Resolutions, Policies, Agreements and Requirements of the Condominium Act and other legislation.
I will not disclose to any person (including my spouse) information decided by the Board to be confidential or privileged or which reasonably ought to be deemed confidential. When in doubt, I will request determination by a resolution of the Board.
I will abide by decisions of the majority of the Directors even though I may disagree, but I reserve the right to express my own views to owners upon non-confidential issues.
I will not make erroneous or defamatory statements about the Corporation or any owner, resident, director, officer, manager, staff or contractor of the Corporation.
Recognizing that governance of a Condominium Corporation involves complex and changing requirements, I will continue to educate myself by reading relevant magazines and any such publication published by my local CCI Chapter.