Relating to organization of, meetings of, and voting by condominium unit owners' associations and property owners' associations.

SB 2629 updates Texas law governing condominium and property owners' associations. It requires associations to be organized as formal corporations (profit or nonprofit) before units can be sold, and mandates that all unit owners automatically become members. The bill allows virtual meetings via electronic or phone means with specific safeguards - ensuring all directors can communicate directly and preventing immediate voting on fines or suspensions without giving members a chance to speak. It also clarifies that boards can act via written consent without a meeting for non-sensitive issues, provided proper records are kept. This directly affects all Texas condominium and property owners' associations and their members.