Section 5300 - Annual Budget Report

(a) Notwithstanding a contrary provision in the governing documents, an association shall distribute an annual budget report 30 to 90 days before the end of its fiscal year.

Section 1365 - Distribution of Financial Documents to Members

(f)    (1)    A summary of the association’s property, general liability, earthquake, flood, and fidelity insurance policies, which shall be distributed not less than 30 days nor more than 90 days preceding the beginning of the association’s fiscal year, that includes all of the following information about each policy:

Changes

5300 1365
(f)    (1)    A summary of the association’s property, general liability, earthquake, flood, and fidelity insurance policies, which shall be distributed not less than 30 days nor more than 90 days preceding the beginning of the association’s fiscal year, that includes all of the following information about each policy:    (a)  Notwithstanding a contrary provision in the governing documents, an association shall distribute an annual budget report 30 to 90 days before the end of its fiscal year.