Interpacific Asset Management
Failure to Follow Brown/Davis Stirling Condo Act

Interpacific has enabled our HOA Condo Board to continue with numerous violations of the Settlement Agreement, Civil Code and governing documents, namely:

Ms. N... Was illegally appointed as a director without notice to the members, consideration of Bells, Zaks or my application for director or Treasurer or my Open Forum Civil Code 1363.05 (h) comments

At the March Board meeting, they allowed the Board to hold an election to increase the dues, and determine the validity of ballots, without Inspectors of Election as required under Civil Code 1363.03

Our Bylaws (Page 10 Section 6) require regular monthly meetings. While the Board would be allowed to have quarterly meetings if they so decided, it must be at an OPEN, NOTICED meeting, with an opportunity for members to voice their opinion. Considering our reserve fund of $58K has been plundered to ZERO, quarterly meetings would be a breach of fiduciary responsibility.

We were supposed to have an election LAST January (Bylaws Page 3 Section 6) with INDEPENDENT inspectors, not the Property Manager, (Civil Code 1363.03 (c) (2)

Company: Interpacific Asset Management
Country: USA
Address: 5505 Garden Grove Blvd., Suite 150, Westminster, C
Phone: 7148918804
Site: interpacificmgmt.com

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