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HI SB393
Bill
Status
3/3/2017
Primary Sponsor
Rosalyn Baker
Click for details
AI Summary
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Clarifies that removal or replacement of a director elected by a specific class of unit owners requires only a majority vote from that class, not all unit owners.
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Permits condominium associations to cast votes for nonresidential units they own in elections where only nonresidential unit owners are eligible to vote in mixed-use projects.
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Addresses the issue where condominium associations owning commercial units in mixed-use projects were previously unable to elect directors representing those commercial units.
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Applies to mixed-use condominium projects containing both residential and nonresidential units with separate director election classes.
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Effective date: July 1, 2059.
Legislative Description
Relating To Condominiums.
Condominiums
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on JUD with none voting aye with reservations; none voting no (0) and Representative(s) Aquino, DeCoite, Har, Ichiyama, C. Lee, Thielen excused (6).
3/24/2017