Section 4178 - Reserve Account Requirements
"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.
This section is referenced in Sections: None
First Enacted: Old CID Section 1365.5(g)
Amended: Statutes of 2012, Chapter 180
Similar to CI-CID: None