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HI SB2483
Bill
Status
1/19/2018
Primary Sponsor
Karl Rhoads
Click for details
AI Summary
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Establishes an alternative method for amending condominium declarations and bylaws when the traditional voting process proves difficult due to low owner response rates.
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Allows amendments to be originated by a volunteer unit owners' group with a petition signed by at least 25% of unit owners or by the board of directors.
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Requires the board to mail advance notice at least 30 days before a scheduled meeting that includes the proposed amendment, detailed rationale, and a proxy form with a specific voting option.
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Amendment is approved if either 67% of unit owners present and voting at the meeting approve it, or a majority of all unit owners approve it, whichever threshold is greater.
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If any notice requirements are not met or the amendment is modified, the approval threshold increases to 67% of all unit owners; quorum requirements for meetings cannot be amended using this alternative method.
Legislative Description
Relating To Condominium Governing Instruments.
Condominiums
Last Action
The committee on CPH deferred the measure.
2/23/2018