Statements of information: common interest development associations: limited liability companies.

Under existing law, to assist with the identification of common interest developments, each common interest development association, whether incorporated or unincorporated, is required to submit to the Secretary of State, on a form, certain information concerning the association and the development that it manages. Existing law requires every limited liability company and every foreign limited liability company registered to transact intrastate business in this state to deliver to the Secretary of State for filing within a specified period after the filing of its original articles of organization or registering to transact intrastate business and biennially thereafter a statement of information on a form prescribed by the Secretary of State. This bill would authorize these statements of information to be submitted online.