The bill amends sections of the "Condominium Law" to introduce new provisions regarding the governance and operation of condominiums in the state. Notably, it adds a new section, 34-36.1-1.02, which clarifies the applicability of the chapter to condominiums created after July 1, 1982, while allowing those established prior to that date to voluntarily adopt the chapter's provisions. The bill also specifies that certain sections of the law apply to older condominiums only concerning events occurring after July 1, 1982, ensuring that existing legal documents and actions taken prior to acceptance remain valid. Additionally, the bill introduces 34-36.1-3.08, which outlines the requirements for association meetings, including the necessity for at least one annual meeting and the conditions under which special meetings can be called. It allows for electronic notice of meetings and permits remote participation in meetings if authorized by the condominium's declaration or bylaws. This provision aims to enhance accessibility for unit owners, enabling them to participate in meetings through digital platforms while ensuring that quorum and voting rights are maintained. The act will take effect upon passage.