1. Each association of a common-interest community that contains 150 or more units shall establish and maintain a secure Internet website or electronic portal that may be accessed by any unit’s owner. The association shall make available on the website or within the electronic portal the following documents relating to the common-interest community or the association:
(a) The governing documents;
(b) The annual budget of the association and any proposed budgets; and
(c) The notices and agendas for any upcoming meetings of the association.
2. Each association of a common-interest community that contains fewer than 150 units may, and is encouraged to, establish and maintain a secure Internet website or electronic portal pursuant to subsection 1.