Assembly Bill · California · 2021
AB 1101 — Common interest developments: association accounts and reserves
Chapter 270, Statutes of 2021
Summary
Tightened the standards for where a California HOA may hold reserve and operating funds. Required association funds be held in insured accounts at federally insured institutions and limited investment authority over reserve funds. Amended Civ. Code §5380 (managing-agent duties), §5502 (reserve transfers), and §5806.
Statutes Enacted or Amended
Bill record last verified August 5, 2026.
This content is educational and informational. It does not constitute legal advice.
Consult a licensed attorney in your state for legal guidance specific to your situation.