Conn. Gen. Stat. § 47-88e

Reserves for capital expenditures

Known as the Condominium Act

The act spans §§ 47–47 (48 sections).

(P.A. 82-356, S. 4, 14.)

Any declarant of a conversion condominium shall provide in the proposed budget for the condominium adequate reserves for capital expenditures.

Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.