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HI HB1541
Bill
Status
7/13/2016
Primary Sponsor
Cindy Evans
Click for details
AI Summary
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Amends Hawaii Revised Statutes section 421J-4 to modify proxy requirements for planned community associations, effective for meetings occurring on or after October 1, 2016.
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Requires associations posting notice of intent to distribute proxies for director elections to provide twenty-one days' notice (reduced from thirty days) and allow owners to request nomination with supporting statements.
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Permits owner statements to be limited to black text on white paper, with option for associations to allow one-hundred-word summaries on paper plus longer electronic statements (up to one hundred kilobytes) available online.
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Prohibits managing agents, resident managers, and their employees from soliciting proxies from association members or casting proxy votes at meetings, except for establishing a quorum.
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Requires standard proxy forms to include boxes allowing owners to designate proxies for quorum purposes only, to a named individual, to the board of directors based on majority preference, or to directors with equal vote sharing.
Legislative Description
Planned Community Associations; Proxy Statements; Requirements
Last Action
Act 238, on 07/12/2016 (Gov. Msg. No. 1347).
7/13/2016