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HI SB617
Bill
Status
Introduced
1/21/2011
Primary Sponsor
Glenn Wakai
Click for details
AI Summary
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Amends Section 514B-123, Hawaii Revised Statutes, regarding proxy requirements for condominium association meetings.
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Reduces proxy voting options by eliminating options to give proxies to "the board as a whole" or to "directors present at the meeting."
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Retains proxy options limited to: quorum purposes only, or to an individually named person whose name appears on the proxy form.
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Requires proxy forms to include a checkbox allowing owners to request a copy of the annual audit report required by Section 514B-150.
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Takes effect upon approval.
Legislative Description
Condominium Associations; Proxy Voting
Last Action
(S) The committee on CPN deferred the measure.
2/28/2011
Committee Referrals
Commerce and Consumer Protection1/24/2011
Full Bill Text
No bill text available