CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 2873Introduced by Assembly Member LowFebruary 16, 2018 An act to amend Section 5600 of the Civil Code, relating to common interest developments. LEGISLATIVE COUNSEL'S DIGESTAB 2873, as introduced, Low. Common interest developments.Existing law, the Davis-Stirling Common Interest Development Act, defines and regulates common interest developments. Existing law requires, with specified exceptions, the association of a common interest development to levy regular and special assessments to perform its obligations under the governing documents and the act. However, the association is prohibited from imposing or collecting an assessment or fee that exceeds the costs for which it is levied.This bill would make nonsubstantive changes to these provisions.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 5600 of the Civil Code is amended to read:5600. (a) Except as provided in Section 5605, the association shall levy regular assessments and special assessments sufficient to perform its obligations under the governing documents and this act. part.(b) An association shall may not impose or collect an assessment or fee that exceeds the amount necessary to defray the costs for which it is levied.
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 2873Introduced by Assembly Member LowFebruary 16, 2018 An act to amend Section 5600 of the Civil Code, relating to common interest developments. LEGISLATIVE COUNSEL'S DIGESTAB 2873, as introduced, Low. Common interest developments.Existing law, the Davis-Stirling Common Interest Development Act, defines and regulates common interest developments. Existing law requires, with specified exceptions, the association of a common interest development to levy regular and special assessments to perform its obligations under the governing documents and the act. However, the association is prohibited from imposing or collecting an assessment or fee that exceeds the costs for which it is levied.This bill would make nonsubstantive changes to these provisions.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
Assembly Bill No. 2873
Introduced by Assembly Member LowFebruary 16, 2018
Introduced by Assembly Member Low
February 16, 2018
An act to amend Section 5600 of the Civil Code, relating to common interest developments.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
AB 2873, as introduced, Low. Common interest developments.
Existing law, the Davis-Stirling Common Interest Development Act, defines and regulates common interest developments. Existing law requires, with specified exceptions, the association of a common interest development to levy regular and special assessments to perform its obligations under the governing documents and the act. However, the association is prohibited from imposing or collecting an assessment or fee that exceeds the costs for which it is levied.This bill would make nonsubstantive changes to these provisions.
Existing law, the Davis-Stirling Common Interest Development Act, defines and regulates common interest developments. Existing law requires, with specified exceptions, the association of a common interest development to levy regular and special assessments to perform its obligations under the governing documents and the act. However, the association is prohibited from imposing or collecting an assessment or fee that exceeds the costs for which it is levied.
This bill would make nonsubstantive changes to these provisions.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 5600 of the Civil Code is amended to read:5600. (a) Except as provided in Section 5605, the association shall levy regular assessments and special assessments sufficient to perform its obligations under the governing documents and this act. part.(b) An association shall may not impose or collect an assessment or fee that exceeds the amount necessary to defray the costs for which it is levied.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 5600 of the Civil Code is amended to read:5600. (a) Except as provided in Section 5605, the association shall levy regular assessments and special assessments sufficient to perform its obligations under the governing documents and this act. part.(b) An association shall may not impose or collect an assessment or fee that exceeds the amount necessary to defray the costs for which it is levied.
SECTION 1. Section 5600 of the Civil Code is amended to read:
### SECTION 1.
5600. (a) Except as provided in Section 5605, the association shall levy regular assessments and special assessments sufficient to perform its obligations under the governing documents and this act. part.(b) An association shall may not impose or collect an assessment or fee that exceeds the amount necessary to defray the costs for which it is levied.
5600. (a) Except as provided in Section 5605, the association shall levy regular assessments and special assessments sufficient to perform its obligations under the governing documents and this act. part.(b) An association shall may not impose or collect an assessment or fee that exceeds the amount necessary to defray the costs for which it is levied.
5600. (a) Except as provided in Section 5605, the association shall levy regular assessments and special assessments sufficient to perform its obligations under the governing documents and this act. part.(b) An association shall may not impose or collect an assessment or fee that exceeds the amount necessary to defray the costs for which it is levied.
5600. (a) Except as provided in Section 5605, the association shall levy regular assessments and special assessments sufficient to perform its obligations under the governing documents and this act. part.
(b) An association shall may not impose or collect an assessment or fee that exceeds the amount necessary to defray the costs for which it is levied.