HB 117

  • Hawaii House Bill
  • 2025 Regular Session
  • Introduced in House Jan 16, 2025
  • House
  • Senate
  • Governor

Relating To Condominiums.

Abstract

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.

Bill Sponsors (2)

Votes


No votes to display

Actions


Feb 19, 2025

House

The committee(s) on CPC recommend(s) that the measure be deferred.

Feb 14, 2025

House

Bill scheduled to be heard by CPC on Wednesday, 02-19-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.

Jan 21, 2025

House

Referred to CPC, referral sheet 1

  • Referral-Committee
Consumer Protection & Commerce

Jan 16, 2025

House

Introduced and Pass First Reading.

Jan 14, 2025

House

Prefiled.

Bill Text

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HB117 PDF HTML

Related Documents

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Sources

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