Moneys that the board
has identified for use to defray the future repair or replacement of, or additions to, those major
components that the association is obligated to maintain.
The funds received, and not yet expended or disposed of, from either a compensatory damage award or
settlement to an association
from any person for injuries to property, real or personal, arising from any construction or design
defects. These funds shall be separately itemized from funds described in subdivision (a).
(Added by Stats. 2012, Ch. 180, Sec. 2. (AB 805) Effective January 1, 2013. Operative January 1, 2014, by Sec. 3 of Ch. 180.)