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HI HB2318

Bill

Status

Engrossed

3/5/2024

Primary Sponsor

Scott Saiki

Click for details

Origin

House of Representatives

2024 Regular Session

AI Summary

  • Amends Section 414D-147 of the Hawaii Revised Statutes to add a new subsection (c) exempting planned community associations governed by chapter 421J and condominium associations governed by chapter 514B from quorum and voting requirements in the Hawaii Nonprofit Corporations Act.

  • Maintains existing quorum requirements that a majority of directors in office must be present, with a minimum of one-third of directors or two directors, whichever is greater.

  • Preserves the requirement that affirmative votes of a majority of directors present constitute board action unless the articles or bylaws require a greater number.

  • Effective date is July 1, 2040.

Legislative Description

Relating To The Hawaii Nonprofit Corporations Act.

Planned Community Associations

Last Action

Received notice of appointment of House conferees (Hse. Com. No. 738).

4/16/2024

Committee Referrals

Commerce and Consumer Protection3/7/2024
Consumer Protection & Commerce1/26/2024

Full Bill Text

No bill text available