(a) When a report is prepared pursuant to Section 5300 or 5310, the association shall deliver one of the following documents to all members by individual delivery pursuant to Section 4040:
(1) The full report.
(2) A summary of the report that includes, on the first page, a general description of the content of the report and instructions, printed in at least 10-point boldface type, regarding how to request a complete copy of the report at no cost to the member.
(b) Notwithstanding subdivision (a), if a member has requested to receive all reports in full, the association shall deliver the full report to that member, rather than a summary of the report.
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Related Statutes
- SB-1007 (Menjivar) Common interest developments: annual reports: assessments: discipline.
- Civil Code Section 5310. Annual Policy Statement.
- Civil Code Section 5300. Annual Budget Report.
- Civil Code Section 5260. Member Requests That Must be in Writing.
- Civil Code Section 4040. Notice or Delivery to Individuals.