California housing & land-use law
10 CCR § 2805.11. Impound of Funds to Assure Completion.
Title 10, California Code of Regulations (real estate), as enacted — this section's verbatim text. The library holds selected sections of this code, not the whole code.
- Edition
- 2026-09-23 official publisher snapshot
- Effective
- 2005-07-01
- Last updated
- 2026-09-26
- Jurisdiction
- California
§ 2805.11¶
Impound of Funds to Assure Completion.
“All funds from the sale of time-share interests as the commissioner shall determine are sufficient to assure construction of the improvement or improvements” as used in Section 11230(b) of the Code, means 100% of all funds received from purchasers up to a maximum of the amount required to complete the improvement or improvements, consistent with Section 11243 of the Code.
Official source: § 2805.11. Impound of Funds to Assure Completion..
Source snapshot retrieved: 2026-09-23T18:09:01.360Z.
- New section filed 5-5-2005; operative 7-1-2005 (Register 2005, No. 18).
Version dates (indexing metadata): Effective 2005-07-01.
Date derivation (indexing metadata): This is the current publisher text. The filing history states: "1. New section filed 5-5-2005; operative 7-1-2005 (Register 2005, No. 18)." The indexing start is therefore 2005-07-01. No earlier version is represented.