Cumulative Voting Bill Conference Committee Hearing

There is a hearing on Thursday, April 21, 2005 at 2:00 p.m. in room 016 on some bills of interest to community associations before a Conference Committee.

House Conferees: Representatives Kahikina/Nishimoto, Co-Chairs; Moses
Senate Conferees: Senators Menor, Chair; Espero, Hogue

The hearing notice discusses the following bills of interest to community associations:


SB1798 HD1 This bill would eliminate condominium associations from the coverage of the cumulative voting sections of the nonprofit corporation act. There really is no reason to treat condominiums differently from other nonprofit corporations. The nonprofit corporation act recognizes that cumulative voting takes away power from the majority. As a result, the law requires that notice be given and a member request cumulative voting before it be applied. The House placed an effective date of 2099 to insure that further discussion is held on the bill.



AS THIS IS A DECISION MAKING MEETING ONLY, NO PUBLIC TESTIMONY WILL BE ACCEPTED. You can of course contact any of the conferees.