2005 Minnesota Statutes - 515A.3-113 — Surplus funds.


515A.3-113 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 credited to the unit owners to reduce their future common expense assessments.
HIST: 1980 c 582 art 3 s 515.3-113

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