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Code · California · Civil Code

§ 4158

64 words·~1 min read·/ca/civil-code/4158

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)A “managing agent” is a person who, for compensation or in expectation of compensation, exercises control over the assets of a common interest development.
(b)A “managing agent” does not include any of the following:
(1)A regulated financial institution operating within the normal course of its regulated business practice.
(2)An attorney at law acting within the scope of the attorney’s license.
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