California § 5560 - The reserve funding plan required by Section 5550 shall include a schedule of the
Full text of California Public Contract Code - PCC § 5560 — The reserve funding plan required by Section 5550 shall include a schedule of the, with citation guidance and answers to common questions.
§ 5560. The reserve funding plan required by Section 5550 shall include a schedule of the
(a) The reserve funding plan required by Section 5550 shall include a schedule of the date and amount of any change in regular or special assessments that would be needed to sufficiently fund the reserve funding plan. (b) The plan shall be adopted by the board at an open meeting before the membership of the association as described in Article 2 (commencing with Section 4900) of Chapter 6. (c) If the board determines that an assessment increase is necessary to fund the reserve funding plan, any increase shall be approved in a separate action of the board that is consistent with the procedure described in Section 5605.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 5560
What does Public Contract Code - PCC § 5560 cover?
Section 5560 ("The reserve funding plan required by Section 5550 shall include a schedule of the") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 5560?
A common citation format is "Public Contract Code - PCC § 5560" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 5560 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.