SB 1313 - This act requires all homeowners' associations to hold an election every ten years for the renewal of the association. Such election shall require an 85% majority vote of all members of the association approving the renewal. Any association failing to receive such approval shall be immediately dissolved and the member homeowners shall not be subject to any other association for a period of ten years unless approved by 85% of such homeowners. Any homeowners' association in existence for at least ten years as of August 28, 2026, shall hold the election required by the act by no later than December 31, 2026. TAYLOR MIDDLETON