Publications

Emergency use of reserve funds

Description

This information sheet explains rules around the use of reserve funds by condominium corporations in certain emergency situations to cover operating fund shortfalls resulting from declared states of emergencies such as a public health emergency, wildfire, or overland flooding.

Updated

July 1, 2020

Tags
Condominium Property Act condominium corporations condominium reserve funds condominiums emergency public health emergencies reserve funds states of emergencies

Title and publication information

Type
Fact Sheet
Extent

2 pages

Frequency

Once

Publisher / Creator Information

Creator
Service Alberta
Publisher

Service Alberta

Place of Publication

Edmonton

Resource Dates

Date Created

2020-07-01

Date Added

2020-07-20T14:34:05.969067

Date Modified

2020-07-01

Date Issued

2020-07-01

Audience information

Identifiers

Usage / Licence

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