Section 5600 - Duty to Levy and Limitation Upon Assessments

(a) Except as provided in Section 5605, the association shall levy regular and special assessments sufficient to perform its obligations under the governing documents and this act.

(b) An association shall not impose or collect an assessment or fee that exceeds the amount necessary to defray the costs for which it is levied.

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Old Civil Code Section 1366.1

amount An association shall not impose or collect an assessment or fee that exceeds the amount necessary to defray the costs for which it is levied.

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Changes

Changes Made By Section 5600

amount (a) Except as provided in Section 5605, the association shall levy regular and special assessments sufficient to perform its obligations under the governing documents and this act. (b) An association shall not impose or collect an assessment or fee that exceeds the amount necessary to defray the costs for which it is levied.