Authorizes common interest development association statements of information that are required to be submitted to the Secretary of State to be submitted online.
“Every director shall have the absolute right at any reasonable time to inspect and copy all books, records and documents of every kind and to inspect the physical properties of the corporation of which such person is a director.”
Maintaining an active corporate status is an important responsibility of California associations. Boards of directors should understand how to maintain their corporate status, monitor that status, and fix any problems.
"Suspended" HOAs can lose their ability to enforce contracts and collect delinquent assessments, and expose board members to lawsuits. Learn how to fix corporate suspension in California homeowners associations.
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