(a) Housing companies that have a tenants' associations shall notify all tenants in writing of the existence of this association and that the housing company recognizes this organization as the duly constituted association of the housing development. Such recognition shall also mean that the housing company will meet regularly with the association representatives to discuss matters relating to the housing company. In the event more than 10 percent of the tenant families of record object to this association, the housing company shall conduct an election to determine representative status.

(b) Housing companies that do not have tenant associations shall, upon receipt of requests by at least 10 percent of the tenant families requesting formation of a tenant association, arrange for an election.

(c) Upon certification by the housing company of a duly constituted tenant association, the division shall recognize said organization and shall direct the housing company to meet with the association on a regular basis.

(d) In the event that a housing company fails to hold an election, then the division, upon written request by at least 10 percent of the tenant families, shall direct the housing company to hold said election.