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2018 Missouri Revised Statutes
Title XXIX - Ownership and Conveyance of Property
Chapter 448 - Condominium Property
Section 448.3-114 Surplus funds.
Universal Citation: MO Rev Stat § 448.3-114 (2018)
Effective 28 Aug 1983
Title XXIX OWNERSHIP AND CONVEYANCE OF PROPERTY
Chapter 448448.3-114. 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 liability or credited to them to reduce their future common expense assessments.
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(L. 1983 H.B. 177)
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