HB 1359 – Concerning the Governance of Common Interest Communities Under the Colorado Common Interest Ownership Act How To Comply With New Reserve Requirements
HB 1359 was signed by Governor Ritter on May 15. It becomes effective on August 5, 2009 and applies to all common interest communities. So what does your association need to do to comply? Become educated about the types of reserve studies available and costs. Adopt a policy that addresses: When a reserve study willGo to Resource