This bill proposes significant updates to the Arizona Revised Statutes concerning the governance of condominium associations and their meetings. It introduces new definitions, such as "Meeting," which clarifies that any gathering of a quorum of the board of directors or unit owners discussing association business qualifies as a meeting. The bill mandates that all meetings of the unit owners' association and the board of directors be open to unit owners and their designated representatives, allowing them to attend and speak during deliberations. It also requires that notices for meetings include specific details such as the date, time, method, and place, and establishes rules for remote meetings to ensure effective participation. Additionally, the bill enhances transparency and accountability by requiring the board of directors to provide reports on the association's finances and activities during annual meetings. It specifies that a quorum is present if at least twenty-five percent of votes are cast in person or as allowed by law for association meetings, and fifty percent for board or committee meetings. The bill also stipulates that any actions taken by the board in violation of the open meeting policy are void, and it introduces provisions for recording meetings and ensuring that minutes are made available promptly. Overall, these changes aim to promote a more open and participatory governance structure within condominium associations.

Statutes affected:
Introduced Version: 33-1202, 33-1243, 33-1248, 33-1249, 33-1802, 33-1804, 33-1804.01, 33-1813, 33-1241, 33-1246, 33-1217, 33-1255, 33-1212, 6-801, 33-741, 33-1242, 33-1258, 33-1250, 33-1801, 33-1805, 33-1812