California Civil Code > Part 5. Common Interest Developments (Davis-Stirling Common Interest Development Act) > Chapter 8. Assessments and Assessment Collection > Article 1. Establishment and Imposition of Assessments > Civil Code §5600. Duty to Levy Assessments; Excessive Assessments or Fees
(a) Except as provided in Section 5605, the association shall levy regular and special assessments sufficient to perform its obligations under the governing documents and this act.
(b) An association shall not impose or collect an assessment or fee that exceeds the amount necessary to defray the costs for which it is levied. [2012 – Based on former §§1366(a) & 1366.1]