SB 642

RELATING TO CONDOMINIUMS

By Senator(s) KANNO / IHARA / TANIGUCHI

Keywords: CONDOMINIUMS, FINANCIAL INSTITUTIONS, HOUSING, REAL PROPERTY

Report Title: Housing

Description: Allows condominium associations to deposit funds in mainland banks, and restricts their investments to demand deposits, investment certificates, certificates of deposit, government obligations, or mutual funds.

 1-22-99        S Introduced and passed First Reading                      
 1-25-99        S Referred to 1. GOH 2. WAM                                
 2- 2-99        S Bill scheduled to be heard by GOH on 02-11-99 at
                  6:00 p.m. in conference room 224
 2-16-99        S The committee on GOH recommends that the measure be         
                  HELD.
 2-16-99        S The votes in GOH were as follows: 5 Ayes: Senator(s)        
                  Tam, Matsuura, Chun, Levin, Tanaka; Ayes with
                  reservations: Senator(s) ; none Noes: Senator(s) ;
                  and 4 Excused: Senator(s) Hanabusa, Matsunaga,
                  Sakamoto, Anderson