This bill modifies the existing law regarding meetings of condominium boards and committees, specifically RSA 356-B:37-c. It introduces exemptions to the notice requirements for certain board meetings and committee gatherings. The bill clarifies that a gathering of board members where no association business is conducted is not considered a meeting of the board of directors. Additionally, informational sessions held by board members to obtain and compare vendor proposals for services such as landscaping, snow removal, and maintenance are not considered board meetings, provided that any resulting motions are reviewed and voted on at the next scheduled board meeting. The bill also allows for reduced notice periods for meetings if at least 70 percent of the unit owners are full-time residents, reducing the notice requirement from 10 days to 5 days before the meeting.

The bill further stipulates that regular open meetings must be held at least quarterly, with unit owners given the opportunity to comment on matters affecting the association. It also states that materials distributed to the board before meetings should be made available to unit owners, with certain exceptions. Importantly, the bill exempts meetings solely for the implementation of decisions made in open meetings from the notice requirements for self-managed community associations. Additionally, it exempts committees from the section if the association's bylaws do not allow the committee to expend funds or sign contracts on behalf of the association. The act is set to take effect on January 1, 2025.

Statutes affected:
Introduced: 356-B:37-c
Version adopted by both bodies: 356-B:37-c
CHAPTERED FINAL VERSION: 356-B:37-