{"data":{"id":"us-ak/as-34.08.450","jurisdiction":"us-ak","citation":"AS 34.08.450","heading":"Surplus funds.","body":"Unless otherwise provided in the declaration, surplus funds of the association remaining after payment of or provision for common expenses and prepayment of reserves must be paid to the unit owners in proportion to common expense liabilities or credited to them to reduce future common expense assessments.","path":["Title 34. Property.","Chapter 08. Common Interest Ownership.","Article 3. Management of the Common Interest Community."],"source_url":"https://www.akleg.gov/basis/statutes.asp#34.08.450","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:18:42Z","sha256":"d6c80a5923e09429d66bf41764c2ff7b70ab5dc216bdf1d1cfe9d90f26d43720","source_id":"us-ak","stale":false,"prev":"us-ak/as-34.08.440","next":"us-ak/as-34.08.460"},"notice":"GroundRules: Original legal text. Not legal advice."}