N.J.S.A. 46:8B-13
Requires that the administration and management of a condominium be governed by bylaws, initially recorded with the master deed, that specify: (a) the form of administration, including the titles, powers, duties, and manner of selection, removal, and compensation of officers and board members; (b) the method of calling unit-owner meetings and the percentage of owners/voting rights needed for decisions and a quorum; (c) the manner of collecting unit owners' shares of common expenses and distributing common surplus; and (d) the method of amending the bylaws (effective only when recorded). Where the bylaws vest the association's powers in an elected governing board, all board meetings (except conference or working sessions where no binding votes are taken) must be open to all unit owners with adequate notice, and minutes must be taken and made available before the next open meeting; the board may exclude attendance only for matters involving unwarranted invasions of individual privacy, pending or anticipated litigation or contract negotiations, attorney-client privileged matters, or the employment/discipline of a specific officer or employee.
Pin a building and we'll surface every amendment, effective-date change, and filing deadline as it happens.