AN ACT REVISING THE CHARTER OF THE SECRET LAKE ASSOCIATION.

HB 5274 amends the charter of the Secret Lake Association to update how meetings are scheduled, notified, and conducted. The bill allows the annual meeting date to be chosen by a majority vote of board members in May, rather than being fixed for the first Saturday in June, and increases the notice period for all meetings from five to ten days. It also adjusts the number of members required to form a quorum from twelve to five and changes the notice signature requirements for meeting announcements. Additionally, the act clarifies that association officers may receive reimbursement for actual expenses and updates the procedures for preparing and revising property assessment lists. These changes directly affect the governance structure and operational rules of the Secret Lake Association.