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HI HB2401
Bill
Status
7/3/2014
Primary Sponsor
Scott Nishimoto
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AI Summary
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Creates a new consolidated section under Hawaii Revised Statutes Chapter 514B specifying all documents, records, and information that condominium associations must make available to unit owners and their authorized agents.
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Requires associations to provide 14 categories of documents including financial records, bylaws, meeting minutes, member lists, board meeting minutes, contracts, and other association documents within 30 days of written request.
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Allows associations to charge reasonable fees for document copies (maximum $1 per page) and administrative costs, with exceptions for financial statements available at no cost or on 24-hour loan.
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Permits associations to provide documents electronically or through password-protected internet sites at the unit owner's option and at no cost to the owner.
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Clarifies that the law consolidates existing requirements rather than creating new obligations, and applies to condominiums organized under either Chapter 514A or 514B.
Legislative Description
Condominiums; Unit Owners; Documents, Records, and Information; Required Disclosures; Owner's Right to Receive Documents, Records, and Information
Last Action
Act 188, 7/1/2014 (Gov. Msg. No. 1291).
7/3/2014