ACT 238, HB1541 HD1 SD1, 7/12/2016

Posted on Jul 13, 2016 in 2016 Acts

RELATING TO PLANNED COMMUNITY ASSOCIATIONS

Amends various proxy statement requirements for planned community associations to promote communication from prospective board of directors candidates to all owners when proxies are used for elections of directors; standardize the proxy form; and prohibit managing agents, resident managers, and employees thereof from soliciting or casting proxy votes at meetings for the same association that employs their services unless it is for the purpose of establishing quorum. Applies to proxy statements for meetings of an association occurring on or after October 1, 2016. (SD1)

ACT 238, HB1541 HD1 SD1