The bill amends various sections of the New Mexico Nonprofit Corporation Act to allow nonprofit condominium associations to conduct business remotely. Key changes include the introduction of provisions for sending meeting notices via electronic mail, provided that recipients have consented to receive electronic notifications. Additionally, the bill allows for participation in meetings through simultaneous, remote electronic means, thereby expanding the definition of quorum to include those participating remotely.

Furthermore, the bill updates the voting process to permit members to vote via remote electronic means, alongside traditional in-person and proxy voting. It also clarifies that directors' meetings can be held remotely, ensuring that participation through electronic means is recognized as being present at the meeting. These amendments aim to enhance flexibility and accessibility for nonprofit condominium associations in conducting their business.

Statutes affected:
introduced version: 47-7C-8, 47-7C-9, 53-8-15, 53-8-16, 53-8-22