SB0572 Summary

• Amends the Condominium Property Act Section 19 to remove requirement that associations maintain email addresses and telephone numbers in member listings, keeping only names, addresses, and weighted votes.

• Requires associations to maintain detailed records for the current and 10 immediately preceding fiscal years, including itemized receipts, expenditures, and accounts.

• Allows members to inspect and copy records including declarations, bylaws, meeting minutes, insurance policies, contracts, and financial books within 10 business days of a written request.

• Permits associations to require members to certify in writing that member lists and ballot information will not be used for commercial purposes, with authority to impose fines for false certifications.

• Allows associations to charge actual costs to members for retrieving, making available, and reproducing requested records.