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HomeFood and Agricultural CodeDiv. 20Ch. 1Art. 7§ 54175 Association Reserve Investments

§ 54175 Association Reserve Investments

Food and Agricultural Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 54175 Association Reserve Investments

Key Takeaways

  • •A group (like a neighborhood or club) can save money for future needs.
  • •They can put this saved money in safe things like bonds or other investments.
  • •The rules for how they save and invest must be written in their group's rulebook.

Example

A neighborhood group saves money to fix the community pool in the future.

They can put this money in safe investments like bonds, but they must follow the rules written in their group's rulebook.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 54175 Association Reserve Investments

An association may establish reserves and invest the funds of the reserves in bonds or in such other property as may be provided in the bylaws. (Enacted by Stats. 1967, Ch. 15.)

Last verified: January 23, 2026

Key Terms

propertyassociation

Related Statutes

  • § 54176 Association Property Ownership Rights
  • § 54041 Association Property Escheat Exemption
  • § 54081 Cooperative Association Formation Requirements
  • § 54122 Member Interest Buyback Rules
  • § 54171 Agricultural Cooperative Activities

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Food and Agricultural Code. Section 54175.
View Official Source