Bill Text: HI SB2627 | 2018 | Regular Session | Introduced
Bill Title: Relating To Condominiums.
Spectrum: Partisan Bill (Democrat 8-0)
Status: (Introduced - Dead) 2018-01-24 - Referred to CPH. [SB2627 Detail]
Download: Hawaii-2018-SB2627-Introduced.html
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THE SENATE |
S.B. NO. |
2627 |
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TWENTY-NINTH LEGISLATURE, 2018 |
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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 514A-82.15, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:
"(b) Any proposed
bylaws amendment to modify the composition of the board in accordance with
subsection (a) may be initiated by:
(1) A majority vote of the board of directors; or
(2) A submission of the proposed bylaw amendment
to the board of directors from a volunteer apartment owner's committee
accompanied by a petition from [twenty-five] ten per cent of the
apartment owners of record."
SECTION 2. Section 514B-110, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:
"(b) Any
proposed bylaw amendment to modify the composition of the board in accordance
with subsection (a) may be initiated by:
(1) A majority vote of the
board; or
(2) A submission of the
proposed bylaw amendment to the board from a volunteer unit owners group
accompanied by a petition from [twenty-five] ten per cent of the
unit owners of record."
SECTION 3. Section 514B-121, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:
"(b) Special meetings of the association may be
called by the president, a majority of the board, or by a
petition to the secretary or managing agent signed by not less than [twenty-five]
ten per cent of the unit owners as shown in the association's record of
ownership; provided that if the secretary or managing agent fails to send out
the notices for the special meeting within fourteen days of receipt of the
petition, the petitioners shall have the authority to set the time, date, and
place for the special meeting and to send out the notices and proxies for the
special meeting at the association's expense in accordance with the
requirements of the bylaws and of this part; provided further that a special
meeting based upon a petition to the secretary or managing agent shall be set
no later than sixty days from receipt of the petition."
SECTION 4. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 5. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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Report Title:
Condominiums; Bylaws; Amendment; Special Meeting; Petition
Description:
Requires submission of proposed amendment to bylaws to change composition of board, rather than twenty-five per cent, to be submitted to the board and accompanied by a petition from ten per cent of unit owners of record. Permits special meetings of the association to be called by the president, majority of the board, or a petition of the secretary or managing agent signed by not less than ten per cent, rather than twenty-five per cent, of the unit owners of record.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
