S 2743
Establishes penalty on planned real estate development association for failure to provide association members timely access to certain meeting minutes.
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Sign in to take action- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Bill overview
This bill establishes a penalty for planned real estate development associations in New Jersey that fail to provide timely access to meeting minutes for their members. Specifically, the Commissioner of Community Affairs will be able to impose a fine of up to $2,000 per meeting where minutes were required but not provided to association members. This aims to ensure greater transparency and accountability within these communities.
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