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§ 81.314 — Delaware Law | CourtGPT
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  2. Laws/
  3. Delaware/
  4. Title 25 - Property/
  5. Chapter 81 - Delaware Uniform Common Interest Ownership Actsub/
  6. Subchapter III - Management of the Common Interest Community§ 81-301. Organization of Unit Owners' Association/
  7. § 81.314
Delaware Legal Code

§ 81.314

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§§ 81-314. 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 must 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.76 Del. Laws, c. 422, § 2; 77 Del. Laws, c. 91, § 82;