{"data":{"id":"us-nv/nrs-116.3114","jurisdiction":"us-nv","citation":"NRS 116.3114","heading":"Surplus funds.","body":"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 to the units’ owners in proportion to their liabilities for common expenses or credited to them to reduce their future assessments for common expenses.","path":["TITLE 10 — PROPERTY RIGHTS AND TRANSACTIONS","CHAPTER 116 - COMMON-INTEREST OWNERSHIP (UNIFORM ACT)","MANAGEMENT OF COMMON-INTEREST COMMUNITIES","Liabilities, Insurance and Fiscal Affairs"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-116.html#NRS116Sec3114","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:32Z","sha256":"cdf89114a85e5a2da63498fe4171d44b73e3218992a0812dff10ce40a302f763","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-116.311395","next":"us-nv/nrs-116.31142"},"notice":"GroundRules: Original legal text. Not legal advice."}