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  • Board Members - Fined $350,000.00 Condominium Board of Directors can be held personally liable for their actions when they do not act honestly or in good faith, or when they fail to exercise the care, diligence and skill that a reasonably prudent person would exercise in comparable circumstances http://www.canlii.org/en/on/onsc/doc/2013/2013onsc1467/2013onsc1467.html