GroundRules
Minn. Stat. § 515A.3-113: SURPLUS FUNDS.
Where this section sits in the code
- PROPERTY AND PROPERTY INTERESTS
- CHAPTER 515A. UNIFORM CONDOMINIUM ACT
- ARTICLE 3 MANAGEMENT OF THE CONDOMINIUM
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 shall be credited to the unit owners to reduce their future common expense assessments.
Collected 2026-09-02T22:10:48Z. Source file · JSON