The bill HB2607 amends sections 33-1243 and 33-1813 of the Arizona Revised Statutes, concerning property management within condominium and planned community associations. The key provision of the bill is that if a condominium unit owners' association (COA) or a planned community association (HOA) board fails to call a special meeting to remove a board member after meeting the outlined requirements, the members of the board are automatically deemed removed from office effective at midnight of the 31st day following the receipt of a petition for removal.

The bill also makes technical and conforming changes, such as replacing the word "permitted" with "allowed" and "permit" with "allow" in the context of law and member inspections. It clarifies that a quorum for a special meeting is present if at least twenty percent of the votes of the association or at least one thousand votes, whichever is less, are present. Additionally, the bill stipulates that the board must retain all documents related to the proposed removal of a board member for at least one year and allows members to inspect those documents. The bill becomes effective on the general effective date.

Statutes affected:
Introduced Version: 33-1243, 33-1248, 33-1804, 33-1813, 33-1258
House Engrossed Version: 33-1243, 33-1248, 33-1804, 33-1813, 33-1258
Senate Engrossed Version: 33-1243, 33-1813, 33-1248, 33-1258
Chaptered Version: 33-1243, 33-1813, 33-1248, 33-1258