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§ 559.205 — Michigan Law | CourtGPT
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  4. Chapter 559 - Condominiumsact 59 of 1978 - Condominium Act (559.101 - 559.276)/
  5. Statute Act 59 of 1978/
  6. § 559.205
Michigan Legal Code

§ 559.205

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559.205 Reserve fund. Sec. 105. A reserve fund for major repairs and replacement of common elements shall be maintained by the associations of co-owners. The administrator may by rule establish minimum standards for reserve funds. History: 1978, Act 59, Eff. July 1, 1978