HOUSE OF REPRESENTATIVES |
H.B. NO. |
2316 |
THIRTY-SECOND LEGISLATURE, 2024 |
H.D. 1 |
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STATE OF HAWAII |
S.D. 1 |
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A BILL FOR AN ACT
RELATING TO CONDOMINIUMS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 514B-124.5, Hawaii Revised Statutes, is amended to read as follows:
"[[]§514B-124.5[]]
Voting for elections; cumulative voting. (a) [If
the bylaws provide for cumulative voting for an election at a meeting,] If
an election is to be held by cumulative voting pursuant to the bylaws, each
unit owner present in person or represented by proxy shall have a number of
votes equal to the unit owner's voting percentage multiplied by the number of
positions to be filled at the election.
(b)
Each unit owner shall be entitled to cumulate the individual votes
of the unit owner and give all of the votes to one [nominee] candidate
or distribute the individual votes among any or all of the [nominees.]
candidates.
(c)
The [nominee or nominees] candidate or candidates
receiving the highest number of votes under this section, up to the total
number of positions to be filled, shall be deemed elected and shall be given
the longest term.
(d) This section shall not prevent the filling of vacancies on the board of directors in accordance with this chapter and the association's governing documents.
(e)
For purposes of this section, "candidate" means a nominee or
write-in candidate."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect on July 1, 3000.
Report Title:
Condominiums; Elections; Cumulative Voting; Write-In Candidates
Description:
Clarifies that, in condominium elections, cumulative voting rights apply to all candidates regardless of whether they are nominated. Clarifies that individual votes are used in cumulative voting. Effective 7/1/3000. (SD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.