25 Del. C. § 81-314: Surplus funds.
Where this section sits in the code
- Title 25. Property
- Common Interests and Ownership of Real Estate
- CHAPTER 81. Delaware Uniform Common Interest Ownership Act
- Subchapter III. Management of the Common Interest Community
Unless otherwise provided in the declaration, any surplus funds of the association remaining after payment of or provision for common expenses and any prepayment of reserves must be paid annually to the unit owners in proportion to their common expense liabilities or credited to them to reduce their future common expense assessments.
Collected 2026-09-05T23:02:31Z. Source file · JSON