Cal. Civil Code § 5501
Cal. Civil Code § 5501
California · California Civil Code · Status: effective · Effective 2019-01-01
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- Citation
- Cal. Civil Code § 5501, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/789703
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Full text
The review requirements of Section 5500 may be met when every individual member of the board, or a subcommittee of the board consisting of the treasurer and at least one other board member, reviews the documents and statements described in Section 5500 independent of a board meeting, so long as the review is ratified at the board meeting subsequent to the review and that ratification is reflected in the minutes of that meeting.