Sec. 47-88e. Reserves for capital expenditures.
20 words·~1 min read·
/ct/title-47/chapter-825-condominium-act/47-88eA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any declarant of a conversion condominium shall provide in the proposed budget for the condominium adequate reserves for capital expenditures.