Within 90 days of the selection of the board of directors of the association as provided in Section 35-20-9, the declarant, or his or her designee, shall deliver to the board of directors all of the following:
- (1) All books, records, and governing documents of the association in the possession of the declarant, or any person or entity under the declarant’s control.
- (2) All records of any outstanding and unpaid assessments.
- (3) Any contracts of the association with any third parties respecting the operation of the association or the maintenance and upkeep of any property of the association.
- (4) Any insurance policies currently in force.
- (5) A list of the names and addresses of the members of the association as shown on its records.
- (6) Any written unexpired warranties of any contractor or subcontractors, suppliers, or manufacturers relative to the common area or any improvements to the common area.
(Act 2015-292, §10.)