There is a newer version of the Connecticut General Statutes
2009 Connecticut Code
Title 47 Land and Land Titles
Chapter 828 Common Interest Ownership Act
Sec. 47-256. Surplus funds.
Sec. 47-256. Surplus funds. 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 paid to the unit owners in proportion
to their common expense liabilities or credited to them to reduce their future common
expense assessments.(P.A. 83-474, S. 57, 96.)
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