RCW 64.38.085
Reserve account and study—Liability.
Monetary damages or any other liability may not be awarded against or imposed upon the association, the officers or board of directors of the association, or those persons who may have provided advice or assistance to the association or its officers or directors, for failure to: Establish a reserve account; have a current reserve study prepared or updated in accordance with the requirements of this chapter; or make the reserve disclosures in accordance with this chapter.
[ 2011 c 189 § 13.]
NOTES:
Effective date—2011 c 189: See note following RCW 64.38.065.
Structure Revised Code of Washington
Title 64 - Real Property and Conveyances
Chapter 64.38 - Homeowners' Associations.
64.38.015 - Association membership.
64.38.020 - Association powers.
64.38.025 - Board of directors—Standard of care—Restrictions—Budget—Removal from board.
64.38.028 - Removal of discriminatory provisions in governing documents—Procedure.
64.38.030 - Association bylaws.
64.38.033 - Flag of the United States—Outdoor display—Governing documents.
64.38.034 - Political yard signs—Governing documents.
64.38.035 - Association meetings—Notice—Board of directors.
64.38.040 - Quorum for meeting.
64.38.050 - Violation—Remedy—Attorneys' fees.
64.38.055 - Governing documents—Solar panels.
64.38.060 - Adult family homes.
64.38.062 - Electric vehicle charging stations.
64.38.065 - Reserve account and study.
64.38.070 - Reserve study—Requirements.
64.38.075 - Reserve account—Withdrawals.
64.38.080 - Reserve study—Demand for preparation and inclusion in budget.
64.38.085 - Reserve account and study—Liability.
64.38.090 - Reserve study—Exemptions.
64.38.095 - Application to common interest communities.
64.38.100 - Liens for unpaid assessments—Notice of delinquency.