SB 72 New Mexico Senate · 2025 Regular Session

NONPROFIT CONDO ASSOC. REMOTE BUSINESS

SB 72 allows nonprofit condominium associations in New Mexico to conduct meetings and vote remotely using electronic means, such as video conferencing or email. It amends laws to permit electronic notice for meetings (with owner consent), count remote participation toward quorum requirements, and enable voting via remote electronic methods. This directly affects nonprofit condo associations and their members, making it easier for owners to participate without physical attendance. The bill updates meeting, quorum, and voting rules to explicitly include remote electronic participation as a valid option under association bylaws.

Bill status signed all 5 stages cleared

Introduction

Jan 2025

Committee Review

Mar 2025

Senate Passage

Feb 2025

House Passage

Mar 2025

Signed into Law

Apr 2025

Introduced Jan 22, 2025 Signed Apr 8, 2025

Maddy AI version diff · 1 comparison

What changed between versions

introduced version → Final Version · 5 edits

MODERATE

This bill amends New Mexico nonprofit corporation and condominium association laws to allow remote participation in meetings and voting. It enables unit owners and directors to join meetings electronically, vote via proxy or remote electronic means, and receive meeting notices through email or electronic transmission. The changes modernize governance procedures to accommodate remote participation while maintaining quorum and voting requirements.

Scope change

The bill applies to nonprofit corporations and condominium associations governed by New Mexico statutes, specifically expanding their ability to conduct business remotely.

REQUIREMENT

Added provisions allowing meeting notices to be sent via electronic mail or equivalent electronic transmission when recipients have agreed to electronic notice in advance.

Added provisions permitting members to vote via simultaneous, remote electronic means in addition to in-person voting and written proxy.

Added provisions allowing directors to participate in board meetings via conference telephone, similar communications equipment, or simultaneous remote electronic means, counting as presence in person.

Modified quorum requirements to include persons participating via simultaneous remote electronic means as present at meetings.

Added provision limiting proxy validity to eleven months from execution date unless otherwise specified in the proxy.

Floor votes · Senate Feb 19, 2025 · House Mar 18, 2025

How they voted

36–0

Passed · 4 other

Total votes 40

Feb 19, 2025

D Democratic24

23 Yea 1

95% Yea

R Republican16

13 Yea 3

81% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 8, 2025

Signed into law

Signed

executive

Mar 18, 2025

Lower · Passed

passed House

lower

Mar 11, 2025

Lower · Passed

DO PASS committee report adopted

lower

Feb 28, 2025

Lower · Passed

DO PASS committee report adopted

lower

Feb 21, 2025

Introduced

Sent to House Consumer & Public Affairs Committee & House Commerce & Economic Development Committee

lower

Feb 19, 2025

Upper · Passed

passed Senate

upper

Feb 18, 2025

Upper · Passed

DO PASS committee report adopted

upper

Feb 7, 2025

Upper · Passed

DO PASS committee report adopted

upper

Jan 22, 2025

Introduced

Sent to Senate Tax, Business and Transportation Committee & Senate Judiciary Committee

upper

2 primary · 0 co-sponsors