PREDFDA Bylaws & Open Meetings

N.J.S.A. 45:22A-46

Part of New Jersey's Planned Real Estate Development Full Disclosure Act (PREDFDA), this section sets the mandatory contents of a development association's bylaws. As amended by the 2017 Radburn law (P.L. 2017, c.106), it requires that all executive-board meetings at which binding votes are taken be open to association members (working/conference sessions with no binding votes excepted), subject to narrow exclusions for unwarranted invasions of individual privacy, pending or anticipated litigation or contract negotiations, attorney-client matters, and personnel decisions involving a specific officer or employee; minutes of open meetings must be taken and made available to members before the next open meeting. It also lets members amend the bylaws by a majority of total authorized votes where the existing bylaws provide no member amendment method or require more than a two-thirds vote, and lets 15 percent of members petition for a special meeting to vote on a bylaw amendment.