Bill Text: HI SB121 | 2020 | Regular Session | Introduced
Bill Title: Relating To Condominiums.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2019-12-01 - Carried over to 2020 Regular Session. [SB121 Detail]
Download: Hawaii-2020-SB121-Introduced.html
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THE SENATE |
S.B. NO. |
121 |
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THIRTIETH LEGISLATURE, 2019 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to condominiums.
BE IT
ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 514B-123, Hawaii Revised Statutes, is amended by amending subsection (e) to read as follows:
"(e) If a proxy is a standard proxy form authorized by the association, the proxy shall comply with the following additional requirements:
(1) The proxy shall contain boxes wherein the owner may indicate that
the proxy is given:
(A) For quorum purposes only;
(B) To the individual whose name is printed on a line
next to this box;
[(C) To the board as a whole and that the vote is to
be made on the basis of the preference of the majority of the directors present
at the meeting;] or
[(D)] (C) To those directors present at the meeting with
the vote to be shared with each director receiving an equal percentage;
provided that if the proxy is returned with no
box or more than one of the boxes in subparagraphs (A) through [(D)] (C)
checked, the proxy shall be counted for quorum purposes only; and
(2) The proxy form shall also contain a box wherein the owner may indicate that the owner wishes to obtain a copy of the annual audit report required by section 514B‑150."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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Report Title:
Condominium Associations; Proxy Voting
Description:
Amends the requirements for a condominium association's standard proxy form by deleting the option for a condominium owner to give the proxy to the board as a whole.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
