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California Code, Financial Code - FIN § 8031

Current as of January 01, 2025 | Updated by Findlaw Staff

The proportion of operating costs and expenses to be assessed against each association shall be determined and prescribed by the commissioner by regulation.  The total amount assessed for all associations, together with any existing surplus, shall not exceed the amount of the budget for the ensuing fiscal year plus a reasonable reserve for contingencies.

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Cite this article: FindLaw.com - California Code, Financial Code - FIN § 8031 - last updated January 01, 2025 | https://codes.findlaw.com/ca/financial-code/fin-sect-8031/

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