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 annually 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; P.A. 09-225, S. 30.)History: P.A. 09-225 inserted 'annually' re payment of surplus funds, effective July 1, 2010.
Connecticut Legal Code
§ 47.256
Connecticut Title 47 — Connecticut law
Source: https://www.cga.ct.gov/current/pub/chap_828.htm#sec_47-256· Version 2026