Davis-Stirling Act - California Civil Code

Chapter 7 - Finances

Article 1 - Duties of Board [5500 - 5502]

Section Number and Name

§ 5500 Duties of board

§ 5501 Review requirements

§ 5502 Transfers from reserve or operating accounts

Article 2 - Use of Reserve Funds [5510 - 5520]

Section Number and Name

§ 5510 Signatures required to withdraw funds; uses of funds allowed

§ 5515 Temporary transfer of funds to general operating fund

§ 5520 Notice of use of fund to pay for litigation expenses; accounting of expenses

Article 3 - Reserve Planning [5550 - 5580]

Section Number and Name

§ 5550 Inspection of accessible areas as part of study of reserve account requirements

§ 5551 Visual inspection of exterior elevated elements by structural engineer or architect

§ 5560 Adoption of plan; assessment increase

§ 5565 Summary of reserves requirements

§ 5570 Assessment and reserve funding disclosure summary

§ 5580 Report describing administrative costs and identification of payees of costs