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HomeFinancial CodeDiv. 2Ch. 3Art. 3§ 6100 Annual Financial Statement Requirement

§ 6100 Annual Financial Statement Requirement

Financial Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 6100 Annual Financial Statement Requirement

Key Takeaways

  • •Every year, the group must show how much money they have and how they're doing financially.
  • •They have to put this money info in a local newspaper where their main office is.
  • •If you're a member or own part of the group, you can ask for this money info and they have to give it to you.

Example

Imagine you're part of a local club that collects money from members.

Every year, this club must show everyone how much money they have by putting it in the local newspaper. If you're a member and want to see this info, you can ask the club and they must give it to you.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 6100 Annual Financial Statement Requirement

Each association shall prepare and publish annually within the time prescribed by the commissioner in a newspaper of general circulation in the county in which its home office is located, and shall deliver to each member or stockholder upon request, a statement of its financial condition in the form prescribed or approved by the commissioner. (Added by Stats. 1983, Ch. 1091, Sec. 2.)

Last verified: January 23, 2026

Key Terms

associationsportcommissionstockcirculationstatementcondition

Related Statutes

  • § 357 Deputy Reporting Insolvency Duty
  • § 17406 Licensee Audit Report Requirements
  • § 22602 Finance Lender Referral Payments
  • § 23052 License Suspension Or Revocation
  • § 28148 Annual Financial Audit Requirement

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 6100.
View Official Source