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CA AB2460
Bill
AI Summary
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Allows associations to adjourn director elections to a date at least 20 days later if quorum is not met, with the reconvened meeting requiring only 20% member quorum instead of the originally required quorum.
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Requires associations to provide general notice of the reconvened meeting at least 15 days before the meeting date, including the meeting details, candidate list, and quorum requirement statement.
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Requires associations to notify members at least 30 days before ballot distribution that a reconvened meeting may be called if quorum is not reached at the scheduled election.
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Permits associations to conduct elections by electronic secret ballot in addition to mail-in voting, with text of proposed amendments deliverable by electronic means to members voting electronically.
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Applies the same 20% quorum reduction rules for reconvened director elections to nonprofit mutual benefit corporations designated as common interest developments under Corporations Code Section 7512.
Legislative Description
Common interest developments: association governance: member election.
Last Action
Chaptered by Secretary of State - Chapter 401, Statutes of 2024.
9/22/2024