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Cal. Corp. Code § 8323

Required Records, Reports to Directors and Members

Known as the Nonprofit Mutual Benefit Corporation Law

The act spans §§ 7110–8910 (196 sections).

Applied in 1 court decision — leading case Great Am. Ins. Co. v. Quintana Homeowners Ass'n (2018)

Most recently applied in Great Am. Ins. Co. v. Quintana Homeowners Ass'n (February 2018)

Added by Stats. 1978, Ch. 567.

(a) The superior court of the proper county shall enforce the duty of making and mailing or delivering the information and financial statements required by this article and, for good cause shown, may extend the time therefor.

(b) In any action or proceeding under this section, if the court finds the failure of the corporation to comply with the requirements of this article to have been without justification, the court may award the member reasonable expenses, including attorneys’ fees, in connection with such action or proceeding.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.