Relating to the composition and operation of a property owners' association board.

SB 1935 requires property owners' associations in Texas to transition board control from developers (declarants) to homeowners by specific deadlines. It mandates that at least one-third of board members must be elected by homeowners within 120 days after 50% of lots are sold, and a majority within 120 days after 75% of lots are sold. If the declaration doesn't specify total lots, this transition must occur by the 10th anniversary of the declaration. The bill also requires developers to notify owners via website and email when the 50% sales threshold is met, ensuring transparency about the upcoming election requirements. This directly affects homeowners' associations and their boards during the shift from developer control to owner governance.