RCW 64.90.560
—
Reserve account—Reserve study—Reserve disclosure—Liability
Liability shield for the WUCIOA reserve obligations. Monetary damages and other liability may not be imposed on the association, its officers or board members, or on any person who provided advice or assistance to them, for failing to establish or replenish a reserve account, to have a current reserve study prepared or updated, or to make reserve disclosures. The single exception is an award of attorneys' fees and costs under RCW 64.90.555(2). The duty in RCW 64.90.545 is therefore enforceable by specific performance and fee-shifting but not by a damages award.
Reviewed · 11 dependent article updates in 12 months · Washington changes feed
Statutory Text
Verified Jul 4, 2026 · LEG_WA_GOV
Except for an award for attorneys' fees and costs under RCW 64.90.555 (2), monetary damages or other liability may not be awarded against or imposed upon the association or its officers or board members, or upon any person who may have provided advice or assistance to the association or its officers or board members, for failure to: Establish or replenish a reserve account, have a current reserve study prepared or updated in accordance with the requirements of this chapter, or make reserve disclosures in accordance with this chapter. [ 2018 c 277 s 333 .]
Enforcement
| Ref | Requirement |
|---|---|
| Boards, officers, the association itself, and anyone who advised them cannot be made to pay damages for skipping a reserve account, a reserve study, or a reserve disclosure. The only money that can change hands is an award of attorneys' fees and costs under RCW 64.90.555(2). |
Other sections in this chapter
- RCW 64.90
- RCW 64.90.065 — Adjustment of dollar amounts
- RCW 64.90.365
- RCW 64.90.370 — Election of preexisting common interest communities, plat communities, miscellaneous communities
- RCW 64.90.410 — Board members, officers, and committees
- RCW 64.90.445 — Board Meetings — Notice and Conduct
- RCW 64.90.450 — Quorum
- RCW 64.90.455 — Unit owner voting
- RCW 64.90.470 — Insurance
- RCW 64.90.480
- RCW 64.90.485
- RCW 64.90.490 — Other liens
Articles Citing This Statute
Legal references last verified July 4, 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.