There is a newer version
of
this Section
2019 Michigan Compiled Laws
Chapter 559 - Condominiums
Act 59 of 1978 Condominium Act (559.101 - 559.276)
Section 559.205 Reserve Fund.
Universal Citation: MI Comp L § 559.205 (2019)
559.205 Reserve fund.
Sec. 105.
A reserve fund for major repairs and replacement of common elements shall be maintained by the associations of co-owners. The administrator may by rule establish minimum standards for reserve funds.
History: 1978, Act 59, Eff. July 1, 1978
Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
