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Washington Revised Code Title 64. Real Property and Conveyances § 64.90.535. Reserve accounts

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

An association required to obtain a reserve study pursuant to RCW 64.90.545 must establish one or more accounts for the deposit of funds, if any, for the replacement costs of reserve components. Any reserve account must be an income-earning account maintained under the direct control of the board, and the board is responsible for administering the reserve account.

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Cite this article: FindLaw.com - Washington Revised Code Title 64. Real Property and Conveyances § 64.90.535. Reserve accounts - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-64-real-property-and-conveyances/wa-rev-code-64-90-535/

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