Revision: Dec. 2, 2019, 11:10 a.m.
HB 1179 - AS INTRODUCED
2020 SESSION
20-2238
10/01
HOUSE BILL 1179
AN ACT relative to contract powers of condominium unit owners' associations.
SPONSORS: Rep. Read, Rock. 17; Rep. Buchanan, Merr. 15; Rep. Kenney, Straf. 6; Sen. Fuller Clark, Dist 21
COMMITTEE: Commerce and Consumer Affairs
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ANALYSIS
This bill prohibits a condominium unit owners' association from contracting with a business for property management, maintenance, or improvements where a unit owner is the owner or director of the business.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
20-2238
10/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty
AN ACT relative to contract powers of condominium unit owners' associations.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Paragraph; Condominiums; Powers of Unit Owners' Assication. Amend RSA 356-B:42 by inserting after paragraph III the following new paragraph:
IV. Notwithstanding the powers granted in paragraph I, the unit owners' association shall not contract for property management, maintenance, or improvements with a business where a unit owner is the owner or director of the business.
2 Effective Date. This act shall take effect 60 days after its passage.