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A08945 Summary:
| BILL NO | A08945 |
| SAME AS | No Same As |
| SPONSOR | Jackson |
| COSPNSR | |
| MLTSPNSR | |
| Add §339-mm, RP L | |
| Directs condominium and cooperative housing associations to complete capital reserve studies, including a thirty-year funding plan, in order to ensure that the condominium or cooperative housing association has adequate reserve funds available to repair or replace the assets located on the property that the association is obligated to maintain without the need to create any special assessment or loan obligation; specifies the content of the study; requires the study to be filed with the state comptroller. | |
A08945 Floor Votes:
There are no votes for this bill in this legislative session.
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