California Codes, Civil Code - CIV, Division 4 — General Provisions, Part 5.3 — Commercial and Industrial Common Interest Developments, Chapter 7 — Assessments and Assessment Collection, Article 1 — Establishment and Imposition of Assessments, Section 6800
The association shall levy regular and special assessments sufficient to perform its obligations under the governing documents and this act.
Notes
Requires the association to levy regular and special assessments in amounts sufficient to perform the obligations imposed on it by the governing documents and this act. The assessment duty is tied to funding those obligations and applies to both regular assessments and special assessments.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 6800 | https://laws.lexinter.net/codes/california/civil-code/division-4/part-5-3/chapter-7/article-1/section-6800