Bill Text: HI HB939 | 2011 | Regular Session | Introduced

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Bill Title: Condominium Associations; Proxy Voting

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2011-02-07 - (H) The committee(s) recommends that the measure be deferred. [HB939 Detail]

Download: Hawaii-2011-HB939-Introduced.html

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HOUSE OF REPRESENTATIVES	H.B. NO.	939
TWENTY-SIXTH LEGISLATURE, 2011
STATE OF HAWAII

A BILL FOR AN ACT

 

 

RELATING TO CONDOMINIUM ASSOCIATIONS.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 

     SECTION 1.  Section 514B-123, Hawaii Revised Statutes, is amended by amending subsection (d) to read as follows:

     "(d)  A proxy, to be valid, shall:

     (1)  Be delivered to the secretary of the association or the managing agent, if any, no later than 4:30 p.m. on the second business day prior to the date of the meeting to which it pertains;

     (2)  Contain at least the name of the association, the date of the meeting of the association, the printed names and signatures of the persons giving the proxy, the unit numbers for which the proxy is given, the names of persons to whom the proxy is given, and the date that the proxy is given; and

     (3)  If it is a standard proxy form authorized by the association, contain boxes wherein the owner has indicated that the proxy is given:

         (A)  For quorum purposes only; or

         (B)  To the individual whose name is printed on a line next to this box[;

         (C)  To the board as a whole and that the vote is to be made on the basis of the preference of the majority of the directors present at the meeting; or

         (D)  To those directors present at the meeting with the vote to be shared with each director receiving an equal percentage].

          The proxy form shall also contain a box wherein the owner may indicate that the owner wishes to obtain a copy of the annual audit report required by section 514B‑150."

     SECTION 2.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect upon its approval.

 

INTRODUCED BY:	_____________________________

 

 

Report Title:

Condominium Associations; Proxy Voting

 

Description:

Reduces checkbox options for a condominium association's standard proxy form by deleting the option's relating to giving proxies to the board as a whole and the directors present at the meeting.

 

 

 

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