Reserve study—Reserve account—Immunity from liability. (Effective until January 1, 2028.)
Monetary damages or any other liability may not be awarded against or imposed upon the association, the officers or board of directors of the association, or those persons who may have provided advice or assistance to the association or its officers or directors, for failure to: Establish a reserve account; have a current reserve study prepared or updated in accordance with RCW 64.34.380 through 64.34.388; or make the reserve disclosures in accordance with RCW 64.34.382 and 64.34.410(1)(oo) and * 64.34.425(1)(s).
[ 2008 c 115 s 6.]
NOTES:
*Reviser's note: RCW 64.34.425 was amended by 2022 c 27 s 5, changing subsection (1)(s) to subsection (1)(t).