California Statutes
§ 5600. — 5600. (Added by Stats. 2012, Ch. 180, Sec. 2.)
California·Code CIV Civil Code - CIV·Div. 4. DIVISION 4. GENERAL PROVISIONS·Part 5. PART 5. Common Interest Developments·Ch. 8. CHAPTER 8. Assessments and Assessment Collection·Art. 1. ARTICLE 1. Establishment and Imposition of Assessments
(a)Except as provided in Section 5605, the association shall levy regular and special assessments sufficient to perform its obligations under the governing documents and this act.
(b)An association shall not impose or collect an assessment or fee that exceeds the amount necessary to defray the costs for which it is levied.
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California § 5600. (5600. (Added by Stats. 2012, Ch. 180, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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.