Introduced
by
To revise the law that authorizes resort owners corporations formed to purchase and improve property for summer resort purposes, so as to clarify that any proposal by the corporation’s board of trustees to increase dues or levy special assessments must be approved by a majority vote of all the members of the corporation, unless the bylaws specifically allow approval with just a majority of the votes cast (but less than a majority of all members).
Referred to the Committee on Commerce and Labor
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the Senate 36 to 0 (details)
Referred to the Committee on Commerce
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 106 to 0 (details)
To revise the law that authorizes resort owners corporations formed to purchase and improve property for summer resort purposes, so as to clarify that any proposal by the corporation’s board of trustees to increase dues or levy special assessments must be approved by a majority vote of all the members of the corporation, unless the bylaws specifically allow approval with just a majority of the votes cast (but less than a majority of all members).