House Bill · Oregon · 2017

HB 3057 — Reserve study requirements for planned communities and condominiums

Chapter 111, Oregon Laws 2017

Signed May 18, 2017
Effective since Jan 1, 2018
Chapter 111
Verified Aug 5, 2026
Source Bill page
Summary

Expands reserve-study requirements for HOAs and condominium associations. Specifies required components and replacement-cost inputs, refines update cadence, and addresses how reserve assessments flow into the reserve account. Applies to studies conducted or reviewed on or after January 1, 2018. The session law most directly relevant to CommunityPay's RSR product for Oregon HOAs.

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.
Financial risk governance infrastructure for community associations.
Payments and accounting systems that govern how money moves, record every decision, evaluate counterparty risk, and enforce statutory compliance.
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