(1) In addition to any records specifically defined in the association's declaration or bylaws or expressly required by section 38-33.3-209.4 (2), the association must maintain the following, all of which shall be deemed to be the sole records of the association for purposes of document retention and production to owners:
Detailed records of receipts and expenditures affecting the operation and administration of the association;
Records of claims for construction defects and amounts received pursuant to settlement of those claims;
Minutes of all meetings of its unit owners and executive board, a record of all actionstaken by the unit owners or executive board without a meeting, and a record of all actions taken by any committee of the executive board;
Written communications among, and the votes cast by, executive board members thatare:
Directly related to an action taken by the board without a meeting pursuant to section7-128-202, C.R.S.; or
Directly related to an action taken by the board without a meeting pursuant to theassociation's bylaws;
The names of unit owners in a form that permits preparation of a list of the names ofall unit owners and the physical mailing addresses at which the association communicates with them, showing the number of votes each unit owner is entitled to vote; except that this paragraph (e) does not apply to a unit, or the owner thereof, if the unit is a time-share unit, as defined in section 38-33-110 (7);
Its current declaration, covenants, bylaws, articles of incorporation, if it is a corporation, or the corresponding organizational documents if it is another form of entity, rules and regulations, responsible governance policies adopted pursuant to section 38-33.3-209.5, and other policies adopted by the executive board;
Financial statements as described in section 7-136-106, C.R.S., for the past threeyears and tax returns of the association for the past seven years, to the extent available;
A list of the names, electronic mail addresses, and physical mailing addresses of itscurrent executive board members and officers;
Its most recent annual report delivered to the secretary of state, if any;
Financial records sufficiently detailed to enable the association to comply with section 38-33.3-316 (8) concerning statements of unpaid assessments;
The association's most recent reserve study, if any;
Current written contracts to which the association is a party and contracts for workperformed for the association within the immediately preceding two years;
Records of executive board or committee actions to approve or deny any requestsfor design or architectural approval from unit owners;
Ballots, proxies, and other records related to voting by unit owners for one year afterthe election, action, or vote to which they relate;
Resolutions adopted by its board of directors relating to the characteristics, qualifications, rights, limitations, and obligations of members or any class or category of members; and
All written communications within the past three years to all unit owners generally asunit owners.
(2) (a) Subject to subsections (3), (3.5), and (4) of this section, all records maintained by the association must be available for examination and copying by a unit owner or the owner's authorized agent. The association may require unit owners to submit a written request, describing with reasonable particularity the records sought, at least ten days prior to inspection or production of the documents and may limit examination and copying times to normal business hours or the next regularly scheduled executive board meeting if the meeting occurs within thirty days after the request. Notwithstanding any provision of the declaration, bylaws, articles, or rules and regulations of the association to the contrary, the association may not condition the production of records upon the statement of a proper purpose.
(b) (I) Notwithstanding paragraph (a) of this subsection (2), a membership list or any part thereof may not be obtained or used by any person for any purpose unrelated to a unit owner's interest as a unit owner without consent of the executive board.
(II) Without limiting the generality of subparagraph (I) of this paragraph (b), without the consent of the executive board, a membership list or any part thereof may not be:
(A) Used to solicit money or property unless such money or property will be used solely to solicit the votes of the unit owners in an election to be held by the association; (B) Used for any commercial purpose; or (C) Sold to or purchased by any person.
(3) Records maintained by an association may be withheld from inspection and copying to the extent that they are or concern:
Architectural drawings, plans, and designs, unless released upon the written consentof the legal owner of the drawings, plans, or designs;
Contracts, leases, bids, or records related to transactions to purchase or provide goods or services that are currently in or under negotiation;
Communications with legal counsel that are otherwise protected by the attorneyclient privilege or the attorney work product doctrine;
Disclosure of information in violation of law;
Records of an executive session of an executive board;
Individual units other than those of the requesting owner; or
The names and physical mailing addresses of unit owners if the unit is a time-shareunit, as defined in section 38-33-110 (7).
(3.5) Records maintained by an association are not subject to inspection and copying, and they must be withheld, to the extent that they are or concern:
Personnel, salary, or medical records relating to specific individuals; or
(I) Personal identification and account information of members and residents, including bank account information, telephone numbers, electronic mail addresses, driver's license numbers, and social security numbers; except that, notwithstanding section 38-33.3-104, a member or resident may provide the association with prior written consent to the disclosure of, and the association may publish to other members and residents, the person's telephone number, electronic mail address, or both. The written consent must be kept as a record of the association and remains valid until the person withdraws it by providing the association with a written notice of withdrawal of the consent. If a person withdraws his or her consent, the association is under no obligation to change, retrieve, or destroy any document or record published prior to the notice of withdrawal.
(II) As used in this paragraph (b), written consent and notice of withdrawal of the consent may be given by means of a "record", as defined in the "Uniform Electronic Transactions Act", article 71.3 of title 24, C.R.S., if the parties so agree in accordance with section 24-71.3-105, C.R.S.
The association may impose a reasonable charge, which may be collected in advanceand may cover the costs of labor and material, for copies of association records. The charge may not exceed the estimated cost of production and reproduction of the records.
A right to copy records under this section includes the right to receive copies byphotocopying or other means, including the receipt of copies through an electronic transmission if available, upon request by the unit owner.
An association is not obligated to compile or synthesize information.
Association records and the information contained within those records shall not beused for commercial purposes.
Source: L. 91: Entire article added, p. 1756, § 1, effective July 1, 1992. L. 2005: Entire section amended, p. 1387, § 18, effective January 1, 2006. L. 2006: (2), (3), (4), and (7) amended, p. 1224, § 13, effective May 26. L. 2012: Entire section R&RE, (HB 12-1237), ch. 232, p. 1016, § 1, effective January 1, 2013. L. 2014: (3.5) amended, (HB 14-1125), ch. 66, p. 290, § 1, effective August 6.