Requires the board of a homeowners association (HOA) to provide to HOA members at least four days advance written notice of any meeting of the board. Provides that the meeting notice must include: (1) a meeting agenda; and (2) in the case of a notice for an annual meeting, a statement of the right of HOA members to demand a special meeting of the members, including a statement of the required number of members needed to demand a special meeting. Provides that an HOA member is considered to be in attendance at a meeting of the HOA if the member attends by remote or virtual means in accordance with the statutory procedures for remote meetings of nonprofit corporations. Authorizes an HOA to assess a fine for a member's violation of a covenant if the HOA first: (1) adopts a schedule of fines for specified violations; and (2) provides to the member a notice setting forth the violation, the amount of the fine, and the date on which the fine will be assessed.

Statutes affected:
Introduced House Bill (H): 32-25.5-3-2, 32-25.5-3-3, 32-25.5-5-4, 32-25.5-5-10, 32-25.5-5-13, 32-25.5-5-16
House Bill (H): 32-25.5-3-2, 32-25.5-3-3, 32-25.5-5-4, 32-25.5-5-10