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Comparison of Civil Code Section 4178 as originally enacted
to Old CID Section 1365.5(g) |
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Section 4178 - Reserve Accounts 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. Section 1365.5 - Directors' Duty of Review; Reserve Funds; Periodic Visual Inspection (g) As used in this section, "reserve account requirements" means the estimated funds that the association’s board of directors 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. Changes 4178. 1365.5 (g) As used in this section "rReserve account requirements" means the estimated funds that the association’s board of directors 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. | ||
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