Bill Text: HI HB1541 | 2016 | Regular Session | Introduced
Bill Title: Planned Community Associations; Proxy Statements; Requirements
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2016-07-13 - Act 238, on 07/12/2016 (Gov. Msg. No. 1347). [HB1541 Detail]
Download: Hawaii-2016-HB1541-Introduced.html
|
HOUSE OF REPRESENTATIVES |
H.B. NO. |
1541 |
|
TWENTY-EIGHTH LEGISLATURE, 2016 |
|
|
|
STATE OF HAWAII |
|
|
|
|
|
|
|
|
||
|
|
||
A BILL FOR AN ACT
relating to planned community associations.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 421J-4, Hawaii Revised Statutes, is amended by amending subsection (d) to read as follows:
"(d) Any board of directors that uses association funds to distribute proxies that include the election of directors shall first post notice of its intent to distribute proxies in prominent locations within the project at least thirty days prior to its distribution of proxies; provided that if the board receives within seven days of the posted notice a request by any owner for nomination to the board accompanied by a statement, the board shall mail to all owners either:
(1) A proxy form containing the names of all owners who have requested nomination to the board accompanied by their statements; or
(2) A proxy form containing no names, but accompanied by a list of names of all owners who have requested nomination to the board and their statements.
The statement [shall not exceed one hundred
words,], which shall be limited to black text on white paper, shall not
exceed one single-sided eight and one-half inches by eleven inch page,
indicating the owner's qualifications to serve on the board and reasons for
wanting to receive proxies."
SECTION 2. This Act does not affect rights and duties that matured, penalties that were incurred, and proceedings that were begun before its effective date.
SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 4. This Act shall take effect upon its approval.
|
INTRODUCED BY: |
_____________________________ |
|
|
|
Report Title:
Planned Community Associations; Proxy Statements
Description:
Changes the proxy statement requirements for planned community associations from a maximum length of one hundred words to a maximum length of one single-sided page.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
