AB 2610 Assembly Bill - INTRODUCED
This is a link to the text of a bill being pushed by California attorney Jim Lingl, and introduced by Assembly Member Strickland, that would limit the liability of individual HOA unit owners for judgments against the incorporated association that exceed the limits or coverage of the association's liability insurance policies. I believe this text is a "spot" bill that will be rewritten. Jim is trying to avoid the "bottomless pit" liability of owners that raised its ugly head in bankruptcy court in the Le Parc and Oak Park Calabasas cases. I'm going to be watching this issue closely.