California Statutes
§ 5305. — 5305. (Added by Stats. 2012, Ch. 180, Sec. 2.)
California § 5305.
JurisdictionCalifornia
Code CIVCivil Code - CIV
Div. 4.DIVISION 4. GENERAL PROVISIONS
Part 5.PART 5. Common Interest Developments
Ch. 6.CHAPTER 6. Association Governance
Art. 7.ARTICLE 7. Annual Reports
This text of California § 5305. (5305. (Added by Stats. 2012, Ch. 180, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Civil Code - CIV Code § 5305. (2026).
Text
Unless the governing documents impose more stringent standards, a review of the financial statement of the association shall be prepared in accordance with generally accepted accounting principles by a licensee of the California Board of Accountancy for any fiscal year in which the gross income to the association exceeds seventy-five thousand dollars ($75,000). A copy of the review of the financial statement shall be distributed to the members within 120 days after the close of each
fiscal year, by individual delivery pursuant to Section 4040.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by Stats. 2012, Ch. 180, Sec. 2. (AB 805) Effective January 1, 2013. Operative January 1, 2014, by Sec. 3 of Ch. 180.
Cite This Page — Counsel Stack
Bluebook (online)
California § 5305., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CIV/5305..