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.
Old Civil Code Section 1366(a)(1st)
This old Davis-Stirling section is included in the Table of Changes from the former Civil Code sections to the current Common Interest Development Act.
Current CID section reference: 5600(a)
Return to the Davis-Stirling Table of Changes
Changes
Changes Made By Section 5600
This old Davis - Stirling section (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 included in the Table of Changes from the former Civil Code sections to the current Common Interest Development Act levied. Current CID section reference: 5600 (a) Return to the Davis - Stirling Table of Changes