Limits gifts to executive board members of common interest community associations.
Prohibits the provision or acceptance of any item of value to or from executive board members of a common interest community association based on an understanding that it will influence their vote or official action. Limits gifts to no more than $50 per calendar year per executive board member. Establishes rules for the appointment and removal of executive board members and managing agents. Effective October 1, 2026.
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