HawaiiRELATING TO CONDOMINIUMS.
What it does
Provides that a condominium board's or its officer's or member's failure to maintain the minimum required balance for a condominium's replacement reserves fund may constitute a violation of the fiduciary duty owed. Establishes a minimum balance for a condominium association's replacement reserves fund, with an exception for sufficient assessments. Effective 9/1/2025.
Where do you stand?
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Dec 8Carried over to 2026 Regular Session.Latest
- Feb 19The committee(s) on CPC recommend(s) that the measure be deferred.Minor
- Feb 14Bill scheduled to be heard by CPC on Wednesday, 02-19-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
- Jan 21Referred to CPC, referral sheet 1Minor
- Jan 16Introduced and Pass First Reading.Minor
- Jan 14Prefiled.Introduced