A3504 — Modifies capital reserve funding requirements for planned real estate developments in certain circumstances.

A3504 — Modifies capital reserve funding requirements for planned real estate developments in certain circumstances. · Informed CitizenryThe bill amends sections of P.L.2023, c.214 to modify requirements for planned real estate developments regarding their capital reserve funds. Key changes include: * **Definition of Adequate:**…Open in Informed Citizenry