64.34.388 - Reserve study -- Decision making. - Washington Statutes

Reserve study — Decision making.

Subject to RCW 64.34.386, the decisions relating to the preparation and updating of a reserve study must be made by the board of directors of the association in the exercise of the reasonable discretion of the board. Such decisions must include whether a reserve study will be prepared or updated, and whether the assistance of a reserve study professional will be utilized.

[2008 c 115 § 5.]