State Reserve Statutes
As a reserve study company that operates nationwide (as well as outside of the United States), it is important both for us and our clients to be aware of the unique state laws that may affect your reserve study report. The various states fall into one of three categories; (1) states that require performance of a reserve study, (2) States that do not require the preparation of a reserve study but do have statutes regarding disclosures if reserve studies exist, and (3) states that have no statutes that even address the topic of reserve studies.
(1) states that require performance of a reserve study include:
California | Ohio |
Delaware | Oregon |
Florida | Utah |
Hawaii | Virginia |
Nevada | Washington |
(2) States that do not require the preparation of a reserve study but do have statutes regarding disclosures if reserve studies exist include:
(3) states that have no statutes that even address the topic of reserve studies.is everyone else. Follow this link for information on these states.
Arkansas | Massachusetts | Oklahoma |
Connecticut | Minnesota | Pennsylvania |
Georgia | Mississippi | Rhode Island |
Idaho | Missouri | South Carolina |
Illinois | Montana | South Dakota |
Indiana | Nebraska | Tennessee |
Iowa | New Hampshire | Texas |
Kansas | New Jersey | Vermont |
Kentucky | New Mexico | West Virginia |
Louisiana | New York | Wisconsin |
Maine | North Carolina | Wyoming |
Maryland | North Dakota | District of Columbia |
Or, simply look at all of the states in Alphabetical order and follow the links below to specific information on each state's Reserve Study laws.