HRS §435E-31
Trustees must file a yearly report with the commissioner
The board of trustees must send a written statement to the commissioner within 120 days after the end of each fiscal year. The statement must be signed by most of the board and say that each member in the arrangement got the required financial reports by mail.
condominium associationstrustees
The statute, as written — Annual report, certificate of transmittal
The board of trustees shall cause to be recorded with the commissioner within one hundred twenty days following the end of each fiscal year, a written statement, executed by a majority of the board of trustees under penalty of perjury, reciting that each member participating in the interindemnity arrangement was mailed a copy of the annual financial statement and quarterly audit certificates by first-class mail, postage prepaid, required by section 435E-19.
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