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November, 2023Dear Owner(s): Enclosed are the annual budget report and the annual policy statement required pursuant to California Civil Code Sections 5300 and 5310, commonly referred to as the DavisStirling

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The annual policy statement (AMP) is a document that outlines a company's policies, procedures, and practices regarding various aspects of its operations, ensuring compliance with regulatory requirements.

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Typically, organizations that are subject to regulatory oversight, including public companies and certain regulated industries, are required to file an annual policy statement.

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To fill out an annual policy statement, organizations should gather the necessary data, complete each section as required, ensure all information is accurate, and submit it according to the guidelines provided by the governing authority.

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The purpose of the annual policy statement is to provide transparency regarding a company's policies and their adherence to regulatory requirements, thus fostering trust with stakeholders and regulators.

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The information typically required includes the company's compliance measures, risk management policies, governance structures, financial data, and any changes from the previous year.

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