Bill Text: HI SB2549 | 2024 | Regular Session | Introduced
Bill Title: Relating To Condominiums.
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Introduced) 2024-01-24 - Referred to CPN. [SB2549 Detail]
Download: Hawaii-2024-SB2549-Introduced.html
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THE SENATE |
S.B. NO. |
2549 |
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THIRTY-SECOND LEGISLATURE, 2024 |
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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; or
(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) 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)]
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[.]; and
(3) A disclosure statement informing unit owners that an association may conduct direct elections by electronic, machine, or mail voting. As used in this paragraph, "mail voting" has the same meaning as in section 514B-121(e)."
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 Statutory material to be repealed is bracketed and stricken.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:
Condominiums; Standard Proxy Forms; Disclosure Statement
Description:
Removes from the standard condominium proxy form the option of giving a proxy vote to the board of directors of a condominium association as a whole or to directors present at the meeting. Requires a disclosure statement on the standard condominium proxy form informing unit owners that an association may direct elections by electronic, machine, or mail voting.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
