SB2837 amends Hawaii's condominium laws to modify election processes, enhance transparency, and strengthen board member duties.
SB2837 modifies condominium association board elections by eliminating statutory proxy voting provisions and requiring direct owner ballot votes. It mandates that the real estate commission can investigate, take civil proceedings, issue cease and desist orders, and impose penalties for violations. The bill also imposes duties on board members, including timely filing of written certifications and adherence to fiduciary duties. Additionally, it clarifies conditions for valid votes in director elections and specifies requirements for written certifications.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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