加州 · 2021年法規第270章
AB 1101(2021年) — 對§§ 5380、5502的修改
自2022年1月1日起生效。各條文頁面上的條文已反映本法案的修改。
逐條列出的修改內容
通過比較加州立法顧問辦公室自己發佈的法典在本法案之前和之後的兩個版本整理而成——刪除的文字加刪除線,新增的文字加下劃線,重新編號與實質修改分開列出。
§ 5380
在該期間內,只有本法案修訂了本條。
- (a)修訂… which is insured by the federal government, or is a guaranty corporation subject to Section 14858 of the Financial Code, and shall be maintained there until disbursed …
- (b)修訂… the association shall be deposited into an
interest-bearingaccount in a bank, savings association, or credit union in thisstate,state that is insured by the Federal Deposit Insurance Corporation, National Credit Union Administration Insurance Fund, or a guaranty corporation subject to Section 14858 of the Financial Code, provided all of the following requirements are met: - (b)(2)修訂… provided by an agency of the federal
government.government or a guaranty corporation subject to Section 14858 of the Financial Code. Those funds may only be deposited in accounts that protect the principal. In no event may those funds be invested in stocks or high-risk investment options. - (b)(3)修訂… whom the managing agent holds funds in
trust except that the funds of various associations may be commingled as permitted pursuant to subdivision (d).trust. - (b)(6)修訂Transfers of
greater than ten thousand dollars ($10,000)funds out of the association’s reserve or5 percent of an association’s total combined reserve andoperatingaccount deposits, whichever is lower,accounts shall not be authorizedfrom the accountwithout prior written approval from the board of theassociation.association unless the amount of the transfer is less than the following: - (b)(6)(A)增訂The lesser of five thousand dollars ($5,000) or 5 percent of the estimated income in the annual operating budget, for associations with 50 or less separate interests.
- (b)(6)(B)增訂The lesser of ten thousand dollars ($10,000) or 5 percent of estimated income in the annual operating budget, for associations with 51 or more separate interests.
- (d)修訂… others that the managing agent receives or
accepts, unless all of the following requirements are met:accepts. - (d)(1)刪除
The managing agent commingled the funds of various associations on or before February 26, 1990, and has obtained a written agreement with the board of each association that the managing agent will maintain a fidelity and surety bond in an amount that provides adequate protection to the associations as agreed upon by the managing agent and the board of each association. - (d)(2)刪除
The managing agent discloses in the written agreement whether the managing agent is deriving benefits from the commingled account or the bank, credit union, or savings institution where the moneys will be on deposit. - (d)(3)刪除
The written agreement provided pursuant to this subdivision includes, but is not limited to, the name and address of the bonding companies, the amount of the bonds, and the expiration dates of the bonds. - (d)(4)刪除
If there are any changes in the bond coverage or the companies providing the coverage, the managing agent discloses that fact to the board of each affected association as soon as practical, but in no event more than 10 days after the change. - (d)(5)刪除
The bonds assure the protection of the association and provide the association at least 10 days’ notice prior to cancellation. - (d)(6)刪除
Completed payments on the behalf of the association are deposited within 24 hours or the next business day and do not remain commingled for more than 10 calendar days.
§ 5502
在該期間內,只有本法案修訂了本條。
- 刪除
Notwithstanding any other law, transfers of greater than ten thousand dollars ($10,000) or 5 percent of an association’s total combined reserve and operating account deposits, whichever is lower, shall not be authorized from the association’s reserve or operating accounts without prior written board approval. This section applies in addition to any other applicable requirements of this part. - (a)增訂Notwithstanding any other law, transfers shall not be authorized from the association’s reserve or operating accounts without prior written approval from the board of the association unless the amount of the transfer is less than the following:
- (a)(1)增訂The lesser of five thousand dollars ($5,000) or 5 percent of the estimated income in the annual operating budget, for associations with 50 or less separate interests.
- (a)(2)增訂The lesser of ten thousand dollars ($10,000) or 5 percent of the estimated income in the annual operating budget, for associations with 51 or more separate interests.
- (b)增訂This section applies in addition to any other applicable requirements of this part.
比較的版本:2013年版和2025年版。兩者都是加州立法顧問辦公室每兩年發佈一次的批量資料,各自在該立法會期結束後定稿。
法案記錄和簽署成法的文本取自加州立法顧問辦公室(Legislative Counsel)批量發佈的資料。簽署成法的法案文本 · /data/pending.json