Senate Bill S6648

Signed By Governor
2017-2018 Legislative Session

Relates to the right of a member of a homeowners association to review books and records

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A3037 - Signed by Governor

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2017-S6648 (ACTIVE) - Details

See Assembly Version of this Bill:
A3037
Law Section:
Not-for-Profit Corporation Law
Laws Affected:
Amd §621, N-PC L

2017-S6648 (ACTIVE) - Summary

Allows members of a homeowners association to review books and records and documents related to the expenditure of homeowners association dues.

2017-S6648 (ACTIVE) - Sponsor Memo

2017-S6648 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6648
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                               June 9, 2017
                                ___________
 
 Introduced  by  Sen.  LARKIN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Rules
 
 AN ACT to amend the not-for-profit corporation law, in relation  to  the
   right  of  a  member  of  a homeowners association to review books and
   records

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section  621  of  the  not-for-profit  corporation law is
 amended by adding a new paragraph (e-1) to read as follows:
   (E-1) IN ADDITION TO THOSE DOCUMENTS DESCRIBED  IN  PARAGRAPH  (E)  OF
 THIS  SECTION, MEMBERS OF A HOMEOWNERS ASSOCIATION INCORPORATED PURSUANT
 TO THE PROVISIONS OF THIS CHAPTER SHALL ALSO BE ENTITLED TO REVIEW, UPON
 REQUEST TO  THE  HOMEOWNERS  ASSOCIATION'S  GOVERNING  BOARD,  INVOICES,
 LEDGERS,  BANK  ACCOUNTS,  RECONCILIATIONS, CONTRACTS, AND ANY DOCUMENTS
 RELATED TO THE EXPENDITURE OF HOMEOWNERS ASSOCIATION DUES.
   § 2. This act shall take effect immediately.
 
 
 
 
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD06281-06-7

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