Madison HOAs and condominium associations operate under WI Stat. Chapter 703 (condominiums) and Chapter 181 (non-stock corporations). Boards must hold annual meetings, provide notice, keep minutes, and allow member inspection of records.
Wisconsin condominium associations are governed by WI Stat. Chapter 703 (Condominium Ownership Act), which sets board duties, voting rules, meeting notice requirements (10-30 days typically), quorum thresholds, and record-keeping. Non-condominium HOAs are typically organized as non-stock corporations under WI Stat. Chapter 181 and governed by their declaration and bylaws. Boards owe fiduciary duties to members, must conduct open meetings for most business, and must maintain financial records open to owner inspection on reasonable notice. Madison does not impose additional municipal HOA regulations; disputes are governed by state law and the community's governing documents.
Breach of fiduciary duty, improper meetings, or failure to provide records can result in member lawsuits and potential removal of directors.
See how Madison's board procedures rules stack up against other locations.
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