California Civil Code
§ 4178
CIV § 4178 Effective Jan 1, 2013Div. 4 · Part 5 · Ch. 1 · Art. 2
Statute text
View on leginfo.ca.gov“Reserve account requirements” means the estimated funds that the board has determined are required to be available at a specified point in time to repair, replace, or restore those major components that the association is obligated to maintain.
Legislative history
Added by Stats. 2012, Ch. 180, Sec. 2. (AB 805) Effective January 1, 2013. Operative January 1, 2014, by Sec. 3 of Ch. 180.