Statute · California Civil Code

Cal. Civ. Code § 4158 — Definitions

Cal. Civ. Code § 4158

Type
Statute
Source
California Civil Code
Jurisdiction
California
Date
2013-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) A “managing agent” is a person who, for compensation or in expectation of compensation, exercises control over the assets of a common interest development.

Citator

Cal. Civ. Code § 4158 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

(a) A “managing agent” is a person who, for compensation or in expectation of compensation, exercises control over the assets of a common interest development.

(b) A “managing agent” does not include any of the following:

(1) A regulated financial institution operating within the normal course of its regulated business practice.

(2) An attorney at law acting within the scope of the attorney’s license.